The combined market valuation of the top five Sensex companies surged more than Rs. 98,000 crore last week, with Coal India and SBI emerging as the biggest gainers.
RIL, ONGC, CIL, SBI and HDFC saw cumulative addition of Rs. 98,170.73 crore in market capitalisation (m-cap).
On the other hand, TCS, ITC, HDFC Bank, Infosys and ICICI Bank together lost Rs. 28,637.39 crore.
CIL’s m-cap surged Rs. 32,781.93 crore at Rs. 2,51,107.07 crore, becoming the top gainer.
SBI’s market value zoomed Rs. 25,454.41 crore to reach Rs. 2,05,699.55 crore, while that of ONGC soared by Rs. 19,292.63 crore at Rs. 3,48,636.22 crore.
Similarly, RIL’s m-cap shot-up by Rs. 15,304.76 crore at Rs. 3,64,550.69 crore; HDFC added Rs. 5,337 crore to reach Rs. 1,43,514 crore valuation.
On the downside, ITC’s value slipped by Rs. 12,247.91 crore at Rs. 2,72,118.15 crore, while Infosys m-cap declined by Rs. 6,394.12 crore, to Rs. 1,76,089.52 crore.
The market cap of TCS plunged Rs. 5,905.57 crore to Rs. 4,16,699.79 crore, HDFC Bank lost Rs. 3,649.57 crore to Rs. 1,89,561.76 crore and ICICI Bank’s value fell by Rs. 440.22 crore to Rs. 1,68,789.90 crore.
In the ranking of top-10 firms, TCS stood at number one position, followed by RIL, ONGC, ITC, CIL, SBI, HDFC Bank, Infosys, ICICI Bank and HDFC.
The BSE 30-stock index, Sensex, gained 571.61 points or 2.36 per cent to close the week at 24,693.35 on Friday.