Market recap: Mcap of 3 of top-10 most valued firms jumps by Rs 75,855 cr; State Bank, Infosys biggest winners

Despite a flat broader market, State Bank of India and Infosys propelled a Rs 75,855 crore gain in the market capitalisation of three top Indian firms. While Reliance Industries and Larsen & Toubro saw significant drops, Infosys’s boosted guidance offered a positive outlook for IT stocks. The top ten companies’ rankings remained unchanged.