BackFive of top-10 firms add ₹36,839 crore in m-cap; SBI leads
For the week, the BSE Sensex rose 200.15 points or 0.51%The m-cap of SBI jumped ₹10,218.68 crore to ₹3,22,089.23 crore
PremiumNew Delhi: Five of the 10 most valued Indian companies together added ₹36,839 crore in market valuation last week, with State Bank of India (SBI) leading the pack.
HDFC Bank, Hindustan Unilever, ICICI Bank and HDFC were the other companies which witnessed a rise in their market capitalisation (m-cap) for the week ended Friday, while TCS, Reliance Industries Ltd (RIL), ITC, Infosys and Kotak Mahindra Bank suffered losses.
The m-cap of SBI jumped ₹10,218.68 crore to ₹3,22,089.23 crore.
HDFC Bank's valuation zoomed ₹8,485.38 crore to ₹6,68,555.19 crore and that of HDFC climbed ₹9,398.59 crore to reach ₹3,78,194.61 crore.
The m-cap of Hindustan Unilever advanced ₹4,026.53 crore to ₹3,86,914.89 crore and that of ICICI Bank rose by ₹4,148.44 crore to stand at ₹2,82,105.47 crore.
In contrast, RIL's m-cap dropped ₹17,242.19 crore to ₹7,93,647.61 crore and that of TCS fell ₹8,517.92 crore to ₹8,35,749.88 crore.
Infosys' valuation declined by ₹8,191.74 crore to ₹3,19,783.94 crore while that of Kotak Mahindra Bank dipped ₹2,520 crore to ₹2,81,900.73 crore.
ITC lost ₹367 crore in market valuation to stand at ₹3,35,825.21 crore.
In the order of top-10 firms, TCS was at the number one position, followed by RIL, HDFC Bank, HUL, HDFC, ITC, SBI, Infosys, ICICI Bank and Kotak Bank.
For the week, the BSE Sensex rose 200.15 points or 0.51% to close at 39,394.64.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!
This story has been published from a wire agency feed without modifications to the text.
