Nine of top-10 Sensex firms add Rs 65,129 crore in valuation; know here which are these
Tata Consultancy Services (TCS) was the only one to see erosion from its m-cap, while the rest nine companies, including HDFC Bank, ITC, Hindustan Unilever Ltd (HUL) and HDFC registered gains. Over the last week, the m -cap of Reliance Industries Ltd (RIL) soared Rs 21,920.73 crore to Rs 6,26,261.50 crore
Nine of the top-10 most valued Indian companies together added Rs 65,128.77 crore in market capitalisation (m-cap) last week, with RIL recording the maximum surge in its valuation. Tata Consultancy Services (TCS) was the only one to see erosion from its m-cap, while the rest nine companies, including HDFC Bank, ITC, Hindustan Unilever Ltd (HUL) and HDFC registered gains. Over the last week, the m-cap of Reliance Industries Ltd (RIL) soared Rs 21,920.73 crore to Rs 6,26,261.50 crore.
ONGC's valuation jumped Rs 8,983.26 crore to Rs 2,40,366.49 crore and that of HUL advanced by Rs 8,939.5 crore to Rs 3,26,042.97 crore. The m-cap of ITC soared Rs 7,810.75 crore to Rs 3,46,479.93 crore and that of Kotak Mahindra Bank surged Rs 6,460.57 crore to Rs 2,41,166.28 crore. HDFC Bank's market capitalisation advanced by Rs 5,921.1 crore to Rs 5,22,160.91 crore and Maruti Suzuki India added Rs 1,789.83 crore to Rs 2,63,966.62 crore.
The m-cap of Infosys went up by Rs 1,769.14 crore to Rs 2,57,945.41 crore and that of HDFC rose by Rs 1,533.89 crore to Rs 3,22,065.11 crore. On the other hand, TCS' valuation slumped Rs 3,876.44 crore to Rs 6,62,458.36 crore. In the ranking of top-10 firms, TCS stood at number one position followed by RIL, HDFC Bank, ITC, HUL, HDFC, Maruti, Infosys, Kotak Mahindra Bank and Oil and Natural Gas Corporation (ONGC).
Over the last week, the Sensex gained 620.41 points, or 1.78 per cent, to settle at 35,535.79.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
11:28 AM IST