BackSix of top 10 firms add ₹99,994 crore in m-cap; TCS shines
The valuation of TCS zoomed by ₹55,235.1 crore to reach ₹8,24,342.63 croreHDFC Bank's m-cap advanced ₹14,333.73 crore to ₹6,60,795.95 crore
PremiumNew Delhi: Six of the 10 most valued Indian companies together added ₹99,994.06 crore in market valuation last week, with Tata Consultancy Services (TCS) topping the list.
HDFC Bank, HUL, HDFC, Infosys and Kotak Mahindra Bank were also on the gainers' side, while Reliance Industries Ltd (RIL), ITC, SBI and ICICI Bank suffered losses in market capitalisation (m-cap) for the week ended Friday.
The valuation of TCS zoomed by ₹55,235.1 crore to reach ₹8,24,342.63 crore.
HDFC Bank's m-cap advanced ₹14,333.73 crore to ₹6,60,795.95 crore and that of Infosys jumped ₹11,970.87 crore to ₹3,21,924.71 crore.
The market cap of HDFC climbed ₹9,538.27 crore to ₹3,75,774.07 crore and that of Hindustan Unilever Ltd (HUL) advanced ₹7,799.37 crore to ₹3,86,449.46 crore.
Kotak Mahindra Bank's valuation rose by ₹1,116.72 crore to ₹2,90,098.18 crore.
In contrast, the m-cap of ITC dropped ₹14,097.4 crore to ₹3,41,586.77 crore and that of ICICI Bank dived ₹5,197.06 crore to ₹2,73,072.28 crore.
RIL's valuation tumbled ₹4,452.13 crore to ₹8,42,933.64 crore and that of State Bank of India (SBI) declined ₹1,829.54 crore to ₹3,14,637.18 crore.
In the ranking of top-10 firms, RIL retained the number one position, followed by TCS, HDFC Bank, HUL, HDFC, ITC, Infosys, SBI, Kotak Mahindra Bank and ICICI Bank.
On a weekly basis, the Sensex gained 279.4 points to close at 39,714.20 on Friday. PTI SUM ABM
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