NEW DELHI :
Eight of the top 10 valued Indian companies together added ₹52,193.73 crore in market valuation last week, in-line with a bullish broader market sentiment, with SBI and HDFC emerging as the biggest gainers.
The Sensex advanced 434.40 points or 1.07% last week.
From the top-10 list, only TCS and ITC suffered losses in their market capitalisation (m-cap) for the week closed on Friday.
In contrast, Reliance Industries Ltd (RIL), HDFC Bank, HUL, HDFC, ICICI Bank, Kotak Mahindra Bank, SBI and Infosys witnessed a rise in their market valuation.
The m-cap of SBI jumped ₹11,334.26 crore to ₹3,05,087.85 crore, becoming the top gainer among the ten most valuable companies.
HDFC's valuation zoomed ₹10,492.7 crore to ₹3,96,791.39 crore.
The market cap of ICICI Bank climbed ₹9,871.88 crore to reach ₹3,31,011.55 crore and that of Kotak Mahindra Bank gained ₹8,818.24 crore to ₹3,08,420.75 crore.
HDFC Bank's valuation rose by ₹5,055.54 crore to ₹6,97,726.75 crore and of RIL went up by ₹2,852.62 crore to ₹9,83,140.16 crore.
Reliance Industries on Thursday became the first Indian company to hit the ₹10 lakh crore market valuation mark following a spike in its share price.
However, on Friday the oil-to-telecom conglomerate's market capitalisation came below this milestone and was at ₹9,83,140.16 crore at the close of trade.
Hindustan Unilever Limited (HUL) added ₹2,576.12 crore to ₹4,40,777.38 crore in its valuation and those of Infosys also advanced ₹1,192.37 crore to reach ₹2,96,367.29 crore.
In contrast, Tata Consultancy Services (TCS) witnessed an erosion of ₹6,698.01 crore to ₹7,70,252.01 crore from its valuation. Also, the m-cap of ITC fell ₹1,557.16 crore to ₹3,02,747 crore.
The list of top-10 firms was topped by RIL followed by TCS, HDFC Bank, HUL, HDFC, ICICI Bank, Kotak Mahindra Bank, State Bank of India (SBI), ITC and Infosys in that order.