Seven of the 10 most valued companies together added Rs 63,751.48 crore in market valuation last week, with TCS and Maruti Suzuki emerging as the biggest gainers.
While Tata Consultancy Services (TCS), HDFC Bank, Maruti, HUL, SBI, ONGC and Infosys saw rise in their market capitalisation (m-cap) for the week ended Friday, Reliance Industries Ltd (RIL), ITC and HDFC suffered losses.
The m-cap of TCS zoomed Rs 17,601.88 crore to Rs 5,05,333.64 crore, becoming the biggest gainer among the top-10 firms. Maruti’s market valuation soared Rs 16,199.04 crore to Rs 2,93,025.21 crore and that of ONGC jumped Rs 13,539.06 crore to Rs 2,48,194.77 crore.
The m-cap of SBI surged Rs 6,128.76 crore to Rs 2,76,096.24 crore and that of Hindustan Unilever Ltd (HUL) advanced by Rs 5,735.87 crore to Rs 2,92,561.75 crore. Infosys’ valuation went up by Rs 3,434 crore to Rs 2,38,519.78 crore and HDFC Bank added Rs 1,112.87 crore to Rs 4,85,870.22 crore.
On the other hand, the m-cap of HDFC fell Rs 2,315.73 crore to Rs 2,72,832.23 crore and that of ITC dipped by Rs 1,706.35 crore to Rs 3,20,976.47 crore. RIL’s valuation dropped by Rs 886.69 crore to Rs 5,81,732.30 crore.
In the ranking of top-10 firms, RIL stood at number one position, followed by TCS, HDFC Bank, ITC, Maruti, HUL, SBI, HDFC, ONGC and Infosys. Over the last week, the Sensex notched up significant gains of 477.33 points, or 1.42 per cent. The Nifty was up 159.75 points, or 1.54 per cent.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.