HDFC Bank overtakes SBI as India's most valued bank


NEW DELHI: Private sector lender HDFC Bank surpassed SBIas the country's most valued bank on Friday with a total market valuation of about Rs 1,37,500 crore.

SBI shares were seen trading under pressure with a fall of nearly 2 per cent this afternoon, despite an overall uptrend in the market, while HDFC Bank shares gained by more than 3 per cent.

The market benchmark sensex was trading more than 200 points higher on broad-based buying among blue chips.

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