SBI, NTPC were top performers last week

The combined market capitalisation (m-cap) of seven of the country's top-10 firms increased by Rs 21,345.28 crore last week, with state-owned companies SBI and NTPC emerging as the best performers.

The market cap of the country's biggest lender SBI rose by Rs 4,971.97 crore to Rs 1,46,860.49 crore, while that of power producer NTPC shot-up by Rs 4,576.23 crore to Rs 1,43,800.82 crore.

Another major highlight was FMCG major ITC, whose market valuation surged by Rs 3,443.46 crore to Rs 1,49,770.93 crore.

State-owned coal behemoth Coal India Ltd (CIL) added Rs 2,242.3 crore to its m-cap which reached Rs 2,47,474.98 crore.

IT bellwethers - TCS and Infosys Technologies - together added Rs 3,756.86 crore. TCS m-cap stood at Rs 2,25,694.52 crore, while that of Infosys reached Rs 1,61,534.29 crore.

Telecom giant Bharti airtel also saw its valuation advancing by Rs 2,354.46 crore to Rs 1,43,717.14 crore.

In contrast, Reliance Industries, ONGC and ICICI Bank witnessed loss in their respective m-cap.

India's most valued firm RIL lost Rs 3,301.16 crore from its market cap, which stood at Rs 3,06,477.72 crore, while oil & gas major ONGC's valuation dipped by Rs 2,609.42 crore to Rs 2,39,510.66 crore.

Late last week, at its 37th AGM, RIL failed to live up to the market expectations of unfolding a blueprint for an entry into financial services, and giving guidance on as to when the falling output at its eastern offshore KG-D6 fields will be arrested. RIL shares fell by 1% last week to settle at Rs 936.15.

India's top private lender ICICI Bank too witnessed a decline of Rs 2,327.06 crore from its m-cap which stood at Rs 1,20,822.81 crore.

Meanwhile, the 30-scrip Bombay Stock Exchange index, Sensex, rose last week by 110.38 points to settle at 18,376.48 on Friday.