Last week, bank stocks rejoiced with the US Federal Reserve announcing a big rate cut of 50 bps against the Street's expectation of 25 bps. Top banking stocks HDFC Bank and ICICI Bank -- both from the private sector,

ICICI Bank Ltd. 532174 shares rallied 1.55% to 1,288.05 Indian rupees Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the BSE SENSEX Index 1 falling 0.16% to 82,

Reliance Industries, Bharti Airtel and FMCG stocks like Hindustan Unilever and ITC also increased their market valuation

Hindustan Unilever's valuation gained Rs 10,725.88 crore to Rs 7,00,084.21 crore and that of ITC went up by Rs 1,375.6 crore to Rs 6,43,907.42 crore.

On Friday, the BSE benchmark skyrocketed by 1,359.51 points or 1.63 per cent to close at a record high of 84,544.31. During intraday trading, it spiked by 1,509.66 points or 1.81 per cent, reaching a lifetime high of 84,

ICICI Bank's valuation increased by Rs 63,359.79 crore to Rs 9,44,226.88 crore, which is the highest increase among the top 10 companies. Similarly, the valuation of HDFC Bank increased by Rs 58,569.52 crore,