Mumbai: The combined market capitalisation (m-cap) of nine of the countries’ top 10 firms increased by Rs 69,054.86 crore in the past week, with state-run coal entity Coal India stealing the show.
Coal India (CIL), the biggest gainer among the top 10 firms, saw its valuation swelling by Rs 20,875.57 crore to Rs 2,05,250.12 crore last week.
Barring telecom player Bharti Airtel rest of the companies, including Reliance Industries (RIL), CIL and ITC were on the gainers side.
FMCG giant ITC displayed a power-packed performance by adding Rs 12,671.55 crore to its market cap which stood at Rs 1,33,245.9 crore as on Friday’s trade on the BSE.
The market-worth of corporate leader RIL also accelerated by Rs 5,202.84 crore to Rs 3,21,363.1 crore, while oil & gas major ONGC saw an addition of Rs 4,833.84 crore taking its m-cap to Rs 2,29,800.19 crore.
Country’s top IT firms — Tata Consultancy Services (TCS) and Infosys Technologies -- together added Rs 7,697.84 crore to their combined valuations. The m-cap of TCS stood at Rs 2,22,044.34 crore, while that of Infosys was at Rs 1,75,847.21 crore.
Among the banks, SBI and ICICI Bank together added Rs 10,723.36 crore to their cumulative market valuations. SBI’s m-cap stood at Rs 1,71,460 crore, while that of ICICI was at Rs 1,16,764.39 crore.
Power producer NTPC’s market-worth advanced by Rs 7,049.86 crore to Rs 1,47,593.73 crore.
However, private sector telco Bharti Airtel’s market-cap slipped by Rs 930.39 crore to Rs 1,24,083.97 crore.
Meanwhile, during the week, the BSE 30-share benchmark index Sensex gained 785.54 points, or 4.43 per cent, to finally close at 18,486.45 in the previous trade.