New Delhi, Apr 8 (PTI) Eight of the 10 most valued Indian
companies together added nearly Rs 86,000 crore to their
market valuation last week, with IT major Tata Consultancy
Services (TCS) emerging as the biggest gainer.
Barring Oil and Natural Gas Corporation (ONGC) and
Infosys, rest of the eight blue-chip companies saw a total
addition of Rs 85,998.28 crore in market capitalisation
(m-cap) during the week ended Friday.
The valuation of TCS surged by Rs 19,219.45 crore to Rs
5,64,657.41 crore while that of Reliance Industries Ltd (RIL)
zoomed to Rs 5,76,294.88 crore, registering a rise of Rs
The m-cap of State Bank of India (SBI) soared by Rs
15,973.11 crore to Rs 2,31,860.78 crore and Maruti Suzuki
India’s valuation climbed Rs 10,412.70 crore to Rs 2,78,150.79
With an addition of Rs 8,604 crore, the market
capitalisation of Hindustan Unilever Ltd (HUL) jumped to Rs
2,97,763.40 crore. The valuation of HDFC Bank increased by Rs
8,109.66 crore to Rs 4,98,958.01 crore.
The m-cap of ITC advanced by Rs 5,736.02 crore to Rs
3,18,043.93 crore and that of Housing Development Finance
Corporation (HDFC) went up by Rs 871.45 crore to Rs 3,06,618.03 crore.
On the other hand, the valuation of ONGC plunged by Rs
1,154.99 crore to Rs 2,27,019.93 crore while Infosys saw its
m-cap decline by Rs 1,113.90 crore to Rs 2,46,652.02 crore.
In the ranking of top-10 firms, RIL stood at the numero
uno position, followed by TCS, HDFC Bank, ITC, HDFC, HUL,
Maruti Suzuki India, Infosys, SBI and ONGC.
The BSE Sensex ended the week with a smart gain of 658.29 points, or 1.99 per cent while the NSE Nifty rose 217.90 points, or 2.15 per cent during the period.
This is published unedited from the PTI feed.