Six of top 10 cos add Rs 28,618 crore in market cap

The combined market valuation of six of the top 10 most valued Sensex companies rose by Rs 28,618.35 crore last week, with ITC and CIL emerging as the biggest gainers.

In the list of top 10 firms, TCS, HDFC Bank, CIL, ITC, SBI and HUL witnessed addition in their market valuation whereas RIL, Infosys, ONGC and HDFC suffered a cumulative loss of Rs 21,147 crore.

The market capitalisation (m-cap) of ITC surged by Rs 9,542.27 crore to Rs 2,61,570.48 crore, the most among the top 10 companies.

CIL's valuation jumped Rs 8,463.93 crore to Rs 2,77,477.89 crore, while that of SBI climbed by Rs 5,220.95 crore to Rs 2,04,590.53 crore.

The m-cap of HUL advanced by Rs 3,061.96 crore to Rs 1,99,297.96 crore and TCS added Rs 1,224.2 crore to Rs 4,91,640.72 crore.

Similarly, HDFC Bank's valuation moved up by Rs 1,105.04 crore to Rs 2,79,073.24 crore.

In contrast, the market cap of ONGC slumped by Rs 8,555.49 crore to Rs 2,33,607.66 crore, while that of RIL plunged by Rs 7,576.2 crore to Rs 3,24,303.43 crore.

Infosys' valuation saw an erosion of Rs 2,595.55 crore to Rs 2,47,622.12 crore and HDFC lost Rs 2,419.75 crore to Rs 2,11,093.15 crore.

TCS yet again topped the domestic market cap chart, followed by RIL, HDFC Bank, CIL, ITC, Infosys, ONGC, HDFC, SBI and HUL.

Over the past week, the BSE Sensex ended on a muted note, showing a marginal gain of 2.25 points to 28,114.56.