TCS, HDFC Bank and ONGC saw a rise in their market capitalisation (m-cap) for the week ended Friday.
New Delhi: Eight of the 10 most valued Indian companies together added Rs 66,707.68 crore in market valuation last week, with RIL emerging as the biggest gainer.
Barring ITC and HDFC, rest eight companies including TCS, HDFC Bank and ONGC saw a rise in their market capitalisation (m-cap) for the week ended Friday. RIL's valuation zoomed by Rs 34,790.41 crore to Rs 3,83,619.01 crore, becoming the top gainer.
The m-cap of TCS jumped Rs 14,482.65 crore to Rs 4,88,991.25 crore and that of CIL soared Rs 7,417.85 crore to Rs 2,03,913.39 crore. HDFC Bank's valuation surged Rs 4,489.79 crore to Rs 3,56,803.72 crore and that of Infosys advanced by Rs 2,147.64 crore to Rs 2,31,773.20 crore.
The m-cap of ONGC went up by Rs 1,732.49 crore to Rs 2,51,082.25 crore and of SBI jumped Rs 1,355.5 crore to Rs 2,15,683.30 crore. IOC's valuation rose by Rs 291.35 crore to Rs 1,87,000.90 crore.
In contrast, ITC's m-cap dipped by Rs 2,977.65 crore to Rs 3,22,305.37 crore and that of HDFC fell by Rs 2,688.15 crore to Rs 2,19,667.33 crore. In the ranking of top-10 firms, TCS maintained its numero uno status, followed by RIL, HDFC Bank, ITC, ONGC, Infosys, HDFC, SBI, CIL and IOC. Over the last week, the Sensex recorded a rise of 424.22 points, or 1.49 per cent, while the Nifty gained 117.80 points, or 1.33 per cent.