Bharti Airtel briefly surpassed HDFC Bank to become India’s second-most valuable company on Monday, with its market capitalization reaching ₹11.9 lakh crore. However, HDFC Bank’s shares rebounded, pushing it back to the second spot by market close. This shift reflects the underperformance of traditional heavyweights like IT and banks.
F&O Talk: Smallcap index better placed than Nifty, says Sudeep Shah; picks 9 stocks for next week
SBI Securities expects Nifty’s breakout to strengthen if it crosses 24,450, opening the door to 24,900. While small-caps continue outperforming, Bank Nifty retains a positive