Seven of 10 Sensex firms add Rs 47,499 cr in valuation
Seven of the 10 most valued companies together added Rs 47,498.74 crore in market capitalisation last week, with RIL topping the chart
Seven of the 10 most valued companies together added Rs 47,498.74 crore in market capitalisation last week, with RIL topping the chart. The gainers list comprised Tata Consultancy Services (TCS), RIL, HDFC Bank, ITC, HDFC, Infosys and SBI, while Hindustan Unilever Ltd (HUL), Maruti Suzuki India and Kotak Mahindra Bank suffered losses in their m-cap for the week ended Friday.
The market capitalisation (m-cap) of Reliance Industries Limited (RIL) jumped Rs 17,270.09 crore to Rs 7,63,053.04 crore. The m-cap of HDFC Bank zoomed Rs 12,597.94 crore to Rs 5,73,232.26 crore and that of TCS surged Rs 6,317.15 crore to Rs 7,63,360.46 crore. State Bank of India (SBI) added Rs 5,220.89 crore to its m-cap to reach Rs 2,71,709.07 crore while Infosys saw a gain of Rs 4,608.51 crore to Rs 3,02,545.31 crore.
The market cap of ITC went up by Rs 1,306.69 crore to Rs 3,72,459.79 crore and that of HDFC rose by Rs 177.47 crore to Rs 3,33,892.33 crore. On the other hand, Kotak Mahindra Bank's valuation slumped Rs 4,270.16 crore to Rs 2,45,305.58 crore and that of HUL declined Rs 2,326.98 crore to Rs 3,78,529.51 crore.
Maruti's m-cap dipped Rs 1,117.69 crore to Rs 2,76,444.04 crore. In the ranking of top-10 firms, TCS was at number one spot, followed by RIL, HDFC Bank, HUL, ITC, HDFC, Infosys, Maruti, SBI and Kotak Mahindra Bank. Over the last week, the BSE Sensex recorded a rise of 313.07 points, or 0.83 per cent, to end at 37,869.23.
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
Mukhyamantri Majhi Ladki Bahin Yojana: Know eligibility, benefits, and documents to apply for this women-centric government scheme
Gratuity Calculator: Rs 37,000 as last-drawn salary; 6 years and 3 months as service period; know your gratuity?
Top 7 Gold ETFs With Highest Annualised Returns in 10 Years: Know how Rs 10 lakh investment in each ETF has performed in last decade
Defence PSU Stock to BUY: This multibagger scrip corrects 49% from 52-week high - Is this right time to buy?
Top 7 Large and Mid Cap Mutual Funds With up to 43% Return in 1 Year: Rs 25,000 monthly SIP investment in No. 1 scheme is now worth Rs 3,64,654
Power of Compounding: Can monthly SIP investment of Rs 7,000 help build corpus of Rs 4.5 crore? See in how many years it can be done
10:28 AM IST