New Delhi, Nov. 6 -- SBI share price gained over 1% on Thursday to hit a record high, with its market capitalisation crossing the $100 billion mark. SBI shares rose as much as 1.47% to a fresh all-time high of Rs.971.15 apiece on the BSE, taking its market cap to Rs.8.96 lakh crore (over $100 billion).

With this milestone, State Bank of India (SBI), the state-run largest lender, has become the sixth Indian company to enter the coveted $100 billion market-cap club. The list is topped by Reliance Industries ($228.7 billion), followed by HDFC Bank ($183.6 billion), Bharti Airtel ($140.3 billion), Tata Consultancy Services ($124.8 billion), and ICICI Bank ($108.5 billion).

SBI share price has witnessed a strong upward trajectory in recent m...