Market cap of top seven Sensex cos advances by Rs 84k cr

Those who suffered losses were TCS, Infosys, HDFC

Press Trust of India New Delhi
Last Updated : May 11 2014 | 11:29 AM IST
The market valuation of top seven Sensex firms advanced by Rs 84,494.52 crore last week, in line with an overall strong stock market with RIL and ONGC emerging as the biggest gainers.

The list of gainers include ITC, CIL, HDFC Bank, SBI and ICICI Bank, while those who suffered losses in their market capitalisation (m-cap) were TCS, Infosys and HDFC.

The m-cap of RIL surged Rs 22,319.67 crore to Rs 3,22,369.67 crore, becoming the top gainer among the country's 10 most valued firms.

Also Read

ONGC's m-cap zoomed Rs 15,956.17 crore to Rs 2,97,517.17 crore, while ICICI Bank added Rs 14,240.62 crore to Rs 1,58,818.62 crore.

The m-cap of HDFC Bank went up by Rs 9,688.41 crore to Rs 1,81,806.41 crore.

SBI's market cap surged Rs 9,474.94 crore to Rs 1,62,207.94 crore, while that of CIL jumped Rs 8,559.24 crore to Rs 1,95,207.24 crore.

Similarly, ITC's market cap rose by Rs 4,255.47 crore to Rs 2,74,782.47 crore.

On the other hand, TCS's market value plunged Rs 9,332.71 crore to Rs 4,23,320.29 crore and Infosys' value declined by Rs 6,568.7 crore to Rs 1,78,323.30 crore.

The value of HDFC fell by Rs 3,784.05 crore to Rs 1,37,918.95 crore.

In the ranking of top-10 firms, TCS stood at its numero- uno position, followed by RIL, ONGC, ITC, CIL, HDFC Bank, Infosys, SBI, ICICI Bank and HDFC.

Over the past week, the benchmark BSE Sensex gained 590.34 points, or 2.63 per cent, to end at 22,994.23.
*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

More From This Section

First Published: May 11 2014 | 11:20 AM IST

Next Story