ALSO READEight of top ten indian firms add Rs 860 bn to m-cap; TCS biggest gainer Maruti Suzuki overtakes Hindustan Unilever in market cap race Four of 10 most valued cos lost Rs 21,319 cr in mcap; Infosys worst hit Seven of 10 most valued companies add Rs 63,751 cr in mcap Five out of 10 most valued companies add about Rs 95k cr to m-cap
Eight of the 10 most valued Indian companies together added Rs 836.72 billion to their market valuation for last week, with IT major Tata Consultancy Services (TCS) leading the pack.
With the exception of State Bank of India (SBI) and Maruti Suzuki, rest of the eight blue-chip companies saw a total addition of Rs 836.72 billion in market capitalisation (m-cap) during the week ended Friday.
The m-cap of TCS surged by Rs 385.34 billion to Rs 6.03 trillion while that of Reliance Industries Ltd (RIL) registered a rise of Rs 184.33 billion and touched Rs 5.94 trillion.
The market valuation of Infosys soared by Rs 86.70 billion to Rs 2.55 trillion and that of Hindustan Unilever Ltd (HUL) climbed Rs 73.7 billion to Rs 3.05 trillion.
Oil and Natural Gas Corporation (ONGC) added Rs 71.86 billion to its m-cap, which stood at Rs 2.34 trillion and following an addition of Rs 18.43 billion, the valuation of Housing Development Finance Corporation (HDFC) zoomed to Rs 3.08 trillion.
The valuation of HDFC Bank advanced by Rs 13.88 billion to Rs 5 trillion, while that of ITC went up by Rs 2.44 billion to Rs 3.18 trillion.
The BSE Sensex recorded a significant rise of 565.68 points, or 1.68 per cent, while the NSE Nifty advanced 149 points, or 1.44 per cent, for the week ended April 13.