Top nine Sensex companies together added Rs. 54,333 crore in market valuation last week, with FMCG major HUL emerging as the star-performer.
Barring ONGC, rest nine blue-chip companies including TCS, ITC, RIL, Infosys and SBI saw spurt in their market capitalisation (m-cap) for the week ended Friday (January 16).
The m-cap of HUL zoomed Rs. 17,078.71 crore to Rs. 2,03,873.74 crore, emerging as the top gainer.
SBI’s valuation soared Rs. 9,182.85 crore to Rs. 2,35,618.47 crore while ICICI Bank added Rs. 6,849.04 crore at Rs. 2,04,979.35 crore and HDFC Bank saw a rise of Rs. 6,478.65 crore to Rs. 2,42,103.37 crore.
The market cap of Infosys climbed Rs. 4,657.06 crore to Rs. 2,42,804.28 crore and TCS added Rs. 3,858.7 crore to Rs. 4,95,930.34 crore.
RIL’s valuation jumped Rs. 2,791.29 crore to Rs. 2,81,152.79 crore and that of ITC went up by Rs. 2,078.81 crore to Rs. 2,87,276 crore.
Similarly, the m-cap of CIL rose by Rs. 1,358.02 crore to Rs. 2,38,695.41 crore.
On the other hand, ONGC lost Rs. 4,106.63 crore to Rs. 2,96,233.85 crore in m-cap.
TCS continued to rule the overall domestic market capitalisation chart followed by ONGC, ITC, RIL, Infosys, HDFC Bank, CIL, SBI, ICICI Bank and HUL.
Over the past week, the BSE benchmark Sensex rose by 663.51 points to end at 28,121.89. This is its best weekly rise since October 31, 2014.