Eight out of the 10 most valued companies together added Rs 62,997.73 crore to their market valuations last week, with HDFC and HDFC Bank emerging as the biggest gainers.
Barring TCS and HUL, the rest eight companies, including Reliance Industries, ITC, SBI and Maruti Suzuki, saw a rise in their market capitalisation (m-cap) for the week ended Friday.
Among the gainers, HDFC’s valuation zoomed Rs 22,650.95 crore to Rs 2,84,140.36 crore. The m-cap of HDFC Bank jumped Rs 19,579.63 crore to Rs 4,58,002.04 crore, while that of State Bank of India (SBI) soared Rs 7,639.37 crore to Rs 2,58,270.95 crore.
Infosys added Rs 4,123.01 crore to reach Rs 2,29,200.62 crore and ITC also saw an addition of Rs 3,344.5 crore to Rs 3,54,212.97 crore.
The m-cap of Maruti went up by Rs 2,850.12 crore to Rs 2,30,243.91 crore and that of RIL rose Rs 2,617.65 crore to Rs 5,18,408.04 crore. ONGC’s valuation advanced by Rs 192.5 crore to Rs 2,11,363.38 crore.
In contrast, the m-cap of TCS fell by Rs 1,560.15 crore to Rs 4,75,269.75 crore and that of Hindustan Unilever slipped Rs 963.19 crore to Rs 2,49,800.85 crore.
In the ranking of top-10 firms, RIL retained its numero-uno position, followed by TCS, HDFC Bank, ITC, HDFC, SBI, HUL, Maruti, Infosys and ONGC.
Last week, the Sensex climbed 280.99 points, or 0.87 per cent, while the Nifty gained 99.25 points, or 1 per cent.