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Eight of 10 most valued firms add Rs 62,998 cr in mkt cap; HDFC top gainer

ONGC's valuation advanced by Rs 192.5 crore to Rs 2,11,363.38 cr

Consumer stocks’ valuation at new high
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Press Trust of India New Delhi
Eight of the 10 most valued companies together added Rs 62,997.73 crore to their market valuations last week, with HDFC and HDFC Bank emerging as the biggest gainers.

Barring TCS and HUL, rest eight companies, including Reliance Industries Ltd (RIL), ITC, SBI and Maruti Suzuki, saw a rise in their market capitalisation (m-cap) for the week ended Friday.

Among the gainers, HDFC's valuation zoomed Rs 22,650.95 crore to Rs 2,84,140.36 crore.

The m-cap of HDFC Bank jumped Rs 19,579.63 crore to Rs 4,58,002.04 crore while that of State Bank of India (SBI) soared Rs 7,639.37 crore to Rs 2,58,270.95 crore.

Infosys added Rs 4,123.01