The combined market valuation of nine of the top-10 most valued firms rose sharply by Rs 77,363.23 crore last week, with IT majors TCS and Infosys emerging as the biggest gainers.
Barring ONGC from the top-10 list, others like RIL, HDFC Bank, CIL, ITC, Sun Pharma, HDFC and SBI saw gains in their market capitalisation (m-cap).
The market cap of TCS soared Rs 17,129.08 crore to Rs 5,01,307.05 crore, while that of Infosys jumped Rs 14,930.14 crore to Rs 2,30,153.86 crore.
Sun Pharma’s valuation zoomed Rs 10,816.6 crore to Rs 2,27,726.21 crore and ITC added Rs 9,498.39 crore to Rs 2,57,939.42 crore.
The m-cap of HDFC climbed Rs 6,967.61 crore to Rs 2,09,201.50 crore and RIL saw a rise of Rs 6,667.06 crore to Rs 3,30,812.52 crore.
Similarly, the valuation of CIL moved up by Rs 6,442.69 crore to Rs 2,71,508.92 crore, HDFC Bank added Rs 4,495.51 crore to Rs 2,78,859.76 crore and SBI witnessed a surge of Rs 416.15 crore to Rs 2,05,082.07 crore.
In contrast, ONGC’s m-cap dipped by Rs 1,154.99 crore to Rs 2,50,248.09 crore.
TCS stood at the number one spot in the top-10 most valuable companies chart followed by RIL, HDFC Bank, CIL, ITC, ONGC, Infosys, Sun Pharma, HDFC and SBI.
Over the past week, the BSE Sensex rose by 801.91 points to end at 28,463.31.