{
  "id": 4984513,
  "title": "ICICI Bank closes in on HDFC Bank for Nifty’s top spot as share trends diverge",
  "url": "https://urgent.news/2026/09/02/icici-bank-closes-in-on-hdfc-bank-for-niftys-top-spot-as-share-trends",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T01:02:50.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/icici-closes-in-on-hdfc-banks-no-1-spot-in-nifty-as-share-show-diverges/articleshow/133694812.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "ICICI Bank is edging closer to HDFC Bank's position as the most influential stock in the Nifty, with their weights in the index coming closer than they have in over a decade. As of August 31, ICICI Bank held a 9.45% weight in the Nifty, while HDFC Bank's weight was at 9.85%. The gap between the two has narrowed from a 1.65 percentage point difference to now being the smallest since January 2010. This shift has been driven by contrasting performances of their shares this year, with ICICI Bank's stock increasing by 1.4 percentage points in weight while HDFC Bank's weight has dropped from 12.7% to 9.85%. Despite ICICI Bank's increased weight, Reliance Industries remains the largest of the three stocks in the Nifty, with a market capitalisation of around ₹17.7 lakh crore, followed by HDFC Bank and ICICI Bank.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}