TCS, HDFC, Infosys, Kotak Mahindra Bank and ICICI Bank were the other firms which saw a rise in their market capitalisation.
Banks need to commensurately transmit rate cut benefit in lending, said an official release.
For five years to up to 10 years, the new rate is 6.5 per cent.
RIL was the lone gainer among the top-10 frontline companies, adding Rs 11,415.21 crore to its m-cap.
Total income during the quarter rose to Rs 11,586.58 crore as against Rs 9,322.36 crore.