Seven of the top 10 Sensex companies added a total Rs. 36,840.41 crore to their market valuation last week, which saw the indices touching life time highs on continued FII inflows.
FMCG giant ITC was the biggest gainer among top 10 companies with an addition of Rs. 10,015.78 crore to its market capitalisation that stood at Rs. 2,93,849.29 crore at close on Friday last.
Coal India’s market valuation moved up by Rs. 7,453.31 crore to Rs. 2,25,178.39 crore, while HDFC Bank added Rs. 7,317.36 crore to Rs. 2,24,423.20 crore.
The m-cap of TCS jumped Rs. 6,365.86 crore to Rs. 5,10,444.51 crore, while that of SBI moved up by Rs. 3,441.7 crore to Rs. 2,08,178.17 crore.
Similarly, Infosys’ value rose by Rs. 1,128.37 crore to Rs. 2,40,510.20 crore and that of ICICI Bank advanced by Rs. 1,118.03 crore to Rs. 1,96,211.65 crore.
Encouraging macro data and FII inflows helped Sensex capture the milestone of 28K-level and Nifty to hit fresh record highs during the week. The BSE benchmark Sensex gained 178.03 points last week.
On the other hand, ONGC, RIL and Sun Pharma witnessed a decline in their market valuations.
ONGC was the biggest loser with its m-cap declining by Rs. 13,603.23 crore to Rs. 3,36,530.20 crore.
RIL lost Rs. 3,800.9 crore in its valuation to Rs. 3,13,501.28 crore and Sun Pharma shed Rs. 1,066.62 crore to Rs. 1,83,603.38 crore.