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Top seven companies add Rs. 34,645 crore in market valuation

The combined market valuation of top seven companies surged by Rs. 34,645.72 crore last week, with SBI emerging as the biggest gainer.

While ONGC, HDFC Bank, CIL, Sun Pharmaceutical, Infosys, SBI and HDFC saw rise in their market capitalisation (m-cap), TCS, RIL and ITC suffered losses.

SBI’s m-cap surged by Rs. 19,331.66 crore to Rs. 2,17,414.98 crore.

The market value of HDFC soared by Rs. 7,674.51 crore to Rs. 1,94,330.51 crore while ONGC added Rs. 2,395.53 crore at Rs. 2,72,449.58 crore.

HDFC Bank’s valuation moved up by Rs. 1,868.34 crore to Rs. 2,48,314.39 crore and that of CIL rose by Rs. 1,642.25 crore to Rs. 2,31,273.68 crore.

The m-cap of Sun Pharma gained Rs. 1,532.44 crore to Rs. 2,27,750.28 crore and Infosys added Rs. 200.99 crore to Rs. 2,25,071.87 crore.

On the contrary, RIL’s valuation tanked by Rs. 5,161.58 crore to Rs. 2,82,818.71 crore while TCS lost Rs. 4,123.12 crore to Rs. 4,91,572.17 crore.

ITC’s market cap dipped by Rs. 1,563.03 crore to Rs. 2,61,386.09 crore.

In the ranking of top-10 firms, TCS stood at number one position, followed by RIL, ONGC, ITC, HDFC Bank, CIL, Sun Pharma, Infosys, SBI and HDFC.

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