Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Markets / Stock Markets/  HDFC leads top 10 weekly gainers with 3,93,135.72 crore m-cap
BackBack

HDFC leads top 10 weekly gainers with ₹3,93,135.72 crore m-cap

Among top 10 companies, only TCS, Infosys and ICICI Bank suffered losses
  • SBI's m-cap rallied ₹8,656.87 crore to ₹3,30,746.10 crore
  • Over the last week, the BSE Sensex gained ₹118.75 points to close at 39,513.39 on Friday. (Photo: Reuters)Premium
    Over the last week, the BSE Sensex gained 118.75 points to close at 39,513.39 on Friday. (Photo: Reuters)

    New Delhi: Seven of the 10 most valued domestic firms together added 53,732.55 crore in market valuation last week, with HDFC emerging as the biggest gainer.

    Tata Consultancy Services (TCS), Infosys and ICICI Bank were the only companies in the top-10 list which suffered losses in their market capitalisation (m-cap) for the week ended Friday.

    Among the gainers, the valuation of HDFC zoomed 14,941.11 crore to 3,93,135.72 crore.

    SBI's m-cap rallied 8,656.87 crore to 3,30,746.10 crore and that of HDFC Bank jumped 7,925.16 to reach 6,76,480.35 crore.

    The market valuation of Kotak Mahindra Bank Ltd advanced 7,860.21 crore to 2,89,760.94 crore and that of ITC climbed 6,742.25 crore to 3,42,567.46 crore.

    Reliance Industries Ltd (RIL) added 6,719.38 crore to its m-cap to stand at 8,00,366.99 crore, while Hindustan Unilever Ltd (HUL) added 887.57 crore to reach 3,87,802.46 crore.

    In contrast, the valuation of TCS plunged 24,615.64 crore to 8,11,134.24 crore and that of Infosys dropped 5,985.44 crore to 3,13,798.50 crore.

    ICICI Bank's valuation dipped 610.96 crore to 2,81,494.51 crore.

    In the ranking of top-10 firms, TCS was placed at the number one position, followed by RIL, HDFC Bank, HDFC, HUL, ITC, SBI, Infosys, Kotak Mahindra Bank Ltd and ICICI Bank.

    Over the last week, the BSE Sensex gained 118.75 points to close at 39,513.39 on Friday.

    However, benchmark equity indices closed with sharp losses Friday after the Budget proposal to raise public shareholding threshold fanned fears of oversupply of new papers in an already overbought market.

    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. Only the headline has been changed.

    Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
    More Less
    Published: 07 Jul 2019, 11:37 AM IST
    Next Story footLogo
    Recommended For You
    GENIE RECOMMENDS

    Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

    Let’s get started
    Switch to the Mint app for fast and personalized news - Get App

    Chat with MintGenie