Private sector lender HDFC Bank said it has terminated and de-listed its global depository receipts (GDRs) from the Luxembourg Stock Exchange due to low trading volume. "...Subsequent to July 15, 2019, the listing and admission to trading of the GDRs on the Luxembourg Stock Exchange will be cancelled," HDFC Bank said.
Five of the 10 most valued Indian companies together added Rs 36,839 crore in market valuation last week, with SBI leading the pack. HDFC Bank, Hindustan Unilever, ICICI Bank and HDFC were the other companies which witnessed a rise in their market capitalisation (m-cap) for the week ended on June 28. The m-cap of SBI jumped Rs 10,218.68 crore to Rs 3,22,089.23 crore.