Reliance Industries, TCS, HDFC Bank, ITC, SBI, ICICI, Kotak Mahindra Bank, others add Rs 90,8448 crore in M-Cap
The m -cap of Tata Consultancy Services (TCS) advanced Rs 11,501.06 crore to Rs 7,58,844.76 crore and that of ICICI Bank climbed Rs 10,737.8 crore to Rs 2,38,508.24 crore.
Eight of the 10 most valued Indian companies together added Rs 90,844.8 crore in market valuation last week in an overall strong broader market, with RIL topping the list.
TCS, HDFC Bank, ITC, HDFC, SBI, ICICI Bank and Kotak Mahindra Bank were also on the gainers' side, while HUL and Infosys suffered losses in their market capitalisation (m-cap) for the week ended Friday.
During the last week, the Sensex gained 607.62 points or 1.68 per cent to close at 36,671.43 on Friday.
RIL's valuation zoomed by Rs 25,291.28 crore to Rs 8,02,855.44 crore, the biggest jump among the top-10 firms.
The market valuation of ITC jumped Rs 17,459.57 crore to Rs 3,57,829.21 crore and that of HDFC Bank rose sharply by Rs 12,085.45 crore to Rs 5,79,121.61 crore.
The m-cap of Tata Consultancy Services (TCS) advanced Rs 11,501.06 crore to Rs 7,58,844.76 crore and that of ICICI Bank climbed Rs 10,737.8 crore to Rs 2,38,508.24 crore.
SBI's valuation spurted Rs 7,407.43 crore to Rs 2,51,004.70 crore and that of HDFC moved up by Rs 4,206.13 crore to Rs 3,24,086.86 crore.
Kotak Mahindra Bank added Rs 2,156.08 crore to its m-cap to reach Rs 2,36,195.53 crore.
On the other hand, the valuation of Infosys tumbled Rs 12,494.4 crore to Rs 3,11,288.32 crore and that of Hindustan Unilever Ltd (HUL) tanked Rs 7,345.07 crore to Rs 3,68,210.70 crore.
In the ranking of top-10 firms, RIL was at the number one position, followed by TCS, HDFC Bank, HUL, ITC, HDFC, Infosys, SBI, ICICI Bank and Kotak Mahindra Bank.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
01:35 PM IST