SBI has overtaken TCS and Infosys in market capitalization

GK and monthly revision
Who imagined this? SBI overtakes TCS, Infosys in Mcap amid PSU banks' turnaround: Gurmeet Chadha
SBI has overtaken IT giants TCS and Infosys in market capitalization, a remarkable feat considering their positions just 5 years ago. This surge reflects the sharp turnaround in PSU banks driven by better risk management and digitization, even as IT stocks face headwinds from AI-led selling. This development highlights the changing dynamics in the Indian financial landscape and is highly relevant for competitive exams.
Revision structure
Key points
Exam-ready takeaways
Nifty IT index has dropped 21% in the past year
PSU banks' turnaround driven by better risk management and digitization
IT stocks facing heavy selling pressure due to AI-led disruption
This feat was unimaginable for SBI just 5 years ago
How to study
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