 "5 of top 10 cos add Rs 313.8 bn in market capitalisation, ITC tops chart")
Five of the 10 most valued companies in the country together added Rs 313.81 billion in market valuation last week, with ITC topping the chart.
While HUL, ITC, Infosys, Kotak Mahindra Bank and ONGC saw addition in their market capitalisation (m-cap) for the week ended Friday, TCS, RIL, HDFC Bank, HDFC and SBI finished with losses.
The m-cap of ITC soared Rs 168.56 billion to Rs 3.53 trillion.
Kotak Mahindra Bank's m-cap zoomed Rs 57.49 billion to Rs 2.28 trillion and that of ONGC surged Rs 49.41 billion to Rs 2.06 trillion.
HUL's valuation jumped Rs 22.83 trillion to Rs 3.41 trillion and that of Infosys rose by Rs 15.50 billion to Rs 2.98 trillion.
On the other hand, RIL suffered an erosion of Rs 156.87 billion to stand at Rs 6.98 trillion.
The m-cap of HDFC slumped Rs 89.28 billion to Rs 2.85 trillion and that of HDFC Bank fell by Rs 35.86 billion to Rs 5.34 trillion.
SBI's valuation went down by Rs 22.31 billion to Rs 2.32 trillion and that of TCS declined by Rs 5.06 billion to Rs 7.19 trillion.
In the ranking of top-10 firms, TCS stood at number one position, followed by RIL, HDFC Bank, ITC, HUL, Infosys, HDFC, SBI, Kotak Mahindra Bank and ONGC.
Over the last week, the BSE key index Sensex fell by 463.95 points to close at 34,315.63 points Friday.
While HUL, ITC, Infosys, Kotak Mahindra Bank and ONGC saw addition in their market capitalisation (m-cap) for the week ended Friday, TCS, RIL, HDFC Bank, HDFC and SBI finished with losses.
The m-cap of ITC soared Rs 168.56 billion to Rs 3.53 trillion.
Kotak Mahindra Bank's m-cap zoomed Rs 57.49 billion to Rs 2.28 trillion and that of ONGC surged Rs 49.41 billion to Rs 2.06 trillion.
HUL's valuation jumped Rs 22.83 trillion to Rs 3.41 trillion and that of Infosys rose by Rs 15.50 billion to Rs 2.98 trillion.
On the other hand, RIL suffered an erosion of Rs 156.87 billion to stand at Rs 6.98 trillion.
The m-cap of HDFC slumped Rs 89.28 billion to Rs 2.85 trillion and that of HDFC Bank fell by Rs 35.86 billion to Rs 5.34 trillion.
SBI's valuation went down by Rs 22.31 billion to Rs 2.32 trillion and that of TCS declined by Rs 5.06 billion to Rs 7.19 trillion.
In the ranking of top-10 firms, TCS stood at number one position, followed by RIL, HDFC Bank, ITC, HUL, Infosys, HDFC, SBI, Kotak Mahindra Bank and ONGC.
Over the last week, the BSE key index Sensex fell by 463.95 points to close at 34,315.63 points Friday.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%