TCS, HDFC Bank, Infosys and four others add Rs 48,519 crore in market capitalisation
Advertisement
Advertisement
Seven of the top-10 most valued Indian companies together added Rs 48,518.62 crore in markvaluation last week, with HDFC Bank emerging as the biggest gainer, according to news agency PTI.While TCS, HDFC Bank, RIL, ONGC, Infosys, HDFC and IOC saw rise in their market capitalisation (m-cap) for the week ended Friday, ITC, SBI and CIL on the other hand suffered losses.
HDFC Bank's valuation zoomed Rs 18,585.92 crore to Rs 3,52,313.93 crore, becoming the biggest gainer among the top-10 firms.
The m-cap of RIL soared Rs 14,613.6 crore to Rs 3,48,828.60 crore and that of Infosys jumped Rs 7,269.83 crore to Rs 2,29,625.56 crore.
IOC's valuation gained Rs 2,355.55 crore to Rs 1,86,709.55 crore, HDFC Rs 2,282.59 crore to Rs 2,22,355.48 crore and TCS Rs 2,256.14 crore to Rs 4,74,508.60 crore.
Advertisement
The m-cap of ONGC climbed Rs 1,154.99 crore to Rs 2,49,349.76 crore.
On the other hand, SBI lost Rs 5,940.26 crore to Rs 2,14,327.80 crore in its m-cap.
ITC's valuation declined by Rs 5,820.54 crore to Rs 3,25,283.02 crore and that of CIL dipped Rs 5,090.07 crore to Rs 1,96,495.54 crore.
In the ranking of top-10 companies, TCS led the chart followed by HDFC Bank, RIL, ITC, ONGC, Infosys, HDFC, SBI, CIL and IOC.
Over the last week, both Sensex and Nifty recorded their fourth straight weekly gains by surging 134.50 points, or 0.47 per cent, and 28.15 points, or 0.32 per cent, respectively.
Advertisement
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study