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Seven of top-10 firms add Rs 32,020 cr in m-cap; HDFC Bank, RIL gain most

TCS, HDFC, HUL, ICICI Bank and Kotak Mahindra Bank were the other bluechips which witnessed a rally in their market capitalisation

Press Trust of India  |  New Delhi 

mid-cap, investments, mf funds,

The combined market valuation of seven of the top-10 domestic firms rose by Rs 32,020.12 crore last week, with and emerging as the biggest gainers.

TCS, HDFC, HUL, and Kotak Mahindra Bank were the other bluechips which witnessed a rally in their (m-cap) for the week ended Friday, while Infosys, SBI and ITC suffered losses.

added Rs 8,270.31 crore to its to reach Rs 7,02,812.11 crore.

The valuation of Reliance Industries Limited (RIL) jumped Rs 6,624.47 crore to Rs 9,81,118.53 crore and that of Hindustan Unilever Limited (HUL) climbed Rs 5,412.03 crore to Rs 4,22,950.16 crore.

The market cap of Kotak Mahindra Bank rose by Rs 5,092.83 crore to Rs 3,21,856.51 crore and that of Tata Consultancy Services (TCS) went up by Rs 5,046.96 crore to Rs 8,30,721.69 crore.

Likewise, ICICI Bank's valuation climbed Rs 985.65 crore to Rs 3,49,517.89 crore and that of Housing Development Finance Corporation (HDFC) went up by Rs 587.87 crore to Rs 4,25,020.05 crore.

On the other hand, Infosys witnessed an erosion of Rs 3,336.45 crore in its valuation to stand at Rs 3,14,393.82 crore.

The valuation of State Bank of India (SBI) dipped Rs 1,338.69 crore to Rs 2,96,520.22 crore and ITC lost Rs 553.1 crore to reach Rs 2,92,528.79 crore.

In the ranking of top-10 firms, remained at the top, followed by TCS, HDFC Bank, HDFC, HUL, ICICI Bank, Kotak Mahindra Bank, Infosys, SBI and ITC.

During the last week, the Sensex advanced 135.11 points or 0.32 per cent.

First Published: Sun, January 12 2020. 10:59 IST