Overview

• In a holiday-shortened week the Sensex jumped 739.87 points (0.92%); the Nifty gained 268 points (1.10%).
• State Bank of India saw its valuation surge by Rs 20,445.82 crore to Rs 7,63,095.16 crore, marking the largest increase among top firms.
• HDFC Bank’s market cap climbed by Rs 14,083.51 crore to Rs 15,28,387.09 crore, solidifying its position as the second-most valued lender.
• Life Insurance Corporation recorded the steepest drop with a Rs 15,306.5 crore decline; Bajaj Finance, ICICI Bank and TCS also posted significant losses.
• Reliance Industries maintained its spot as the country’s most valued company as shifts reflect RBI policy cues and foreign portfolio flows.