Stock Market Today: ICICI Bank share price gained more than 2% in intraday trades on Tuesday. With this the market cap of ICICI bank crossed $100 Billion Mark.
ICICI Bank thereby joined the list of top 5 companies having market cap of more than $100 Billion.
Reliance Industries Ltd and Tata Consultancy Services Ltd are the the leaders commanding a market cap of more than $225 Billion and $150 Billion respectively. In rupee terms Reliance Industries and Tata Consultancy Services market cap stands at ₹19.61 Trillion and ₹13,83 Trillion.
ICICI Bank’s Market cap that crossed $100 Billion mark, in rupee terms stood at slightly over ₹8.41 trillion.
Amongst Banks ICICI now is second to HDFC Bank to enjoy $100 Billion market cap. HDFC Bank’s market cap now stands at over $150 Billon at around ₹13.02 trillion.
ICICI Bank share price was also amongst key gainers in the Nifty-50 companies. The ICICI Bank share price opened on Tuesday at ₹1,170.25 , marginally higher than previous close of ₹1,170.10 and there after gained further more to scale intraday highs of ₹1,199.70 on the NSE.
Bhati Airtel and Infosys are the other two companies that have seen their market cap cross $100 Billion. Bharti Airtel still enjoys more than $100 Billion ( ₹8.44 trillion )market cap and ICICI Bank stands at number five. Infosys however has seen its market cap dip significantly to around $76 Billion ( ₹6.40 trillion).
(More to come)
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Published: 25 Jun 2024, 02:30 PM IST
