Top seven Sensex companies saw a cumulative addition of Rs 21,942.99 crore in market valuation last week, defying an overall weak stock market sentiment.
While TCS, RIL, HDFC Bank, Infosys, Coal India, Sun Pharmaceutical and HDFC saw addition in their market capitalisation (m-cap) for the week ended Friday (March 20), others like ONGC, ITC and SBI suffered losses.
The market valuation of TCS surged by Rs 5,601.96 crore to Rs 5,11,159.45 crore, most among the top-10 companies.
Infosys’ value climbed by Rs 4,881.01 crore to Rs 2,59,434.16 crore and HDFC Bank added Rs 3,181.73 crore to Rs 2,64,447.10 crore.
Similarly, HDFC’s market cap rose by Rs 1,691.62 crore to Rs 2,10,617.69 crore and that of RIL climbed by Rs 1,342.81 crore to Rs 2,76,424.79 crore.
However, the valuation of ITC slumped Rs 9,087.06 crore to Rs 2,62,382.34 crore.
Also, ONGC’s m-cap dipped by Rs 2,309.98 crore to Rs 2,66,204.08 crore and that of SBI fell by Rs 1,866.43 crore to Rs 2,07,808.62 crore.
In the ranking of top-10 firms, TCS stood at the top position, followed by RIL, ONGC, HDFC Bank, ITC, Infosys, CIL, Sun Pharma, HDFC and SBI.
Over the past week, the BSE benchmark Sensex fell by 242.22 points to settle at 28,261.08.