Eight of the 10 most valued Indian
companies together added Rs 86,932.41 crore in market
valuation last week, with Bharti Airtel stealing the show with
Reliance Industries, TCS, HDFC Bank, HDFC, SBI, Maruti
Suzuki India, ONGC and Airtel saw gains in their market
capitalisation (m-cap) during the week ended on Friday.
Only two companies, ITC and HUL, recorded losses in their
market valuation in the week.
The m-cap of Airtel, the latest entrant to the top-10
list, soared by Rs 22,486.25 crore to Rs 2,16,399.25 crore as
on Friday last week.
The market valuation of HDFC surged Rs 12,338.06 crore to
Rs 2,83,185.15 crore and that of State Bank of India (SBI)
advanced by Rs 12,128.03 crore to Rs 2,80,541.64 crore.
RIL's m-cap zoomed Rs 10,253.62 crore to Rs 5,98,854.67
crore and that of HDFC Bank went up by Rs 10,234.53 crore to
Rs 4,73,570.96 crore.
The market cap of ONGC jumped Rs 10,009.93 crore to Rs
2,45,563.96 crore, TCS' moved up by Rs 6,412.86 crore to Rs
5,00,145.92 crore and that of Maruti rose by Rs 3,069.13 crore
to Rs 2,48,201.06 crore.
On the other hand, ITC's m-cap dropped Rs 4,763.02 crore
to Rs 3,23,403.50 crore and that of Hindustan Unilever Ltd
(HUL) fell by Rs 4,177.45 crore to Rs 2,67,984.09 crore.
In the ranking of top-10 firms, RIL remained at the pole
position followed by Tata Consultancy Services (TCS), HDFC
Bank, ITC, HDFC, SBI, HUL, Maruti, ONGC and Airtel.
Last week, the Sensex rose by 528.34 points, or 1.59 per
cent while the Nifty was up 129.45 points, or 1.25 per cent.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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