The combined market valuation of nine out of top 10 Sensex companies advanced by Rs 74,564.28 crore in the week gone by with Sun Pharma, ITC and HDFC emerging as the biggest gainers.
Barring Infosys, rest nine companies, including TCS, RIL, ONGC, HDFC Bank, CIL and SBI, recorded gains in their market capitalisation (m-cap) amid a strong broader market.
The market valuation of Sun Pharma surged Rs 14,062.80 crore to Rs 2,23,378.93 crore, the most among the top 10 firms.
ITC’s m-cap jumped Rs 12,183.59 crore to Rs 2,66,355.71 crore, and that of HDFC soared by Rs 11,345.65 crore to Rs 2,10,032.35 crore.
The valuation of Coal India zoomed Rs 9,727.2 crore to Rs 2,29,189.28 crore, SBI’s climbed Rs 7,391.07 crore to Rs 2,04,150.41 crore and that of RIL by Rs 7,377.37 crore to Rs 2,70,034.31 crore.
Similarly, TCS’s m-cap moved up by Rs 5,327.74 crore to Rs 4,98,182.87 crore and HDFC Bank’s rose by Rs 5,138.32 crore to Rs 2,59,134.02 crore.
ONGC added Rs 2,010.54 crore to its valuation that stood at Rs 2,62,182.99 crore.
However, Infosys’ m-cap fell by Rs 3,410.97 crore following which its valuation stood at Rs 2,49,476.90 crore.
Among the top-10 firms, TCS continued to rule the domestic market capitalisation chart followed by RIL, ITC, ONGC, HDFC Bank, Infosys, CIL, Sun Pharma, HDFC and SBI.
The Benchmark BSE Sensex rose sharply by 2.91 per cent to conclude at 28,260.14 in a holiday-shortened week.