Of the top-10 most valued firms, six lost a combined sum of over Rs 68,000 crore from their market capitalisation last week, while the rest including the country`s most valued firm RIL and ONGC saw rise in their valuation.
Reflecting improved market sentiment as many as seven sectoral indices on the Bombay Stock Exchange, including auto and realty, have outperformed the benchmark Sensex in the second quarter of current fiscal.
The Sensex rose by 187 points to a 16-month high in opening trade on Wednesday as foreign funds bought shares driven by reports of advance tax payments by some big corporate houses and firming
The Bombay Stock Exchange benchmark
index Sensex recovered by 114 points in opening trade on Tuesday after yesterday`s fall on buying by fund and retail investors
driven by firming trend in global markets.