Current Affairs Telugu Daily
HDFC Bank becomes first Indian bank to cross Rs5 trillion market capitalisation
India’s most-valued lender HDFC Bank Ltd crossed Rs5 trillion market capitalisation for the first time, making it only the third Indian company to achieve this milestone.
In intraday trade, the stock touched a fresh record high of Rs1,53.75 on the BSE, up 3.31% from its previous close. The scrip closed at Rs1,931.80, up 2.15% with a market cap of Rs5 trillion. The Sensex index closed higher by 0.51% to 35,260.29 points.
HDFC Bank is the third Indian company to cross Rs5 trillion market cap, after TCS and Reliance Industries.
- HDFC Bank- India’s largest private bank by market capitalization
- Headquarters: Mumbai
- Chairman- Aditya Puri.
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