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M-cap a mixed scene, six blue-chips gain Rs 31,967 crore
The market valuation of the top 10 Sensex companies saw a mixed trend last week, with six of them adding as much as Rs 31,967.21 crore and the remaining losing Rs 16,963.72 crore.
New Delhi: The market valuation of the top 10 Sensex companies saw a mixed trend last week, with six of them adding as much as Rs 31,967.21 crore and the remaining losing Rs 16,963.72 crore.
The loss capped the total gains of the top 10 firms, which read a modest Rs 14,313.85 crore.
ITC's rose the most during the week, with its market valuation jumping Rs 12,003.12 crore to Rs 2,76,513.42 crore.
In the case of RIL, the rise in m-cap was Rs 5,101.52 crore at Rs 3,06,398.75 crore while HDFC Bank gained Rs 4,486.88 crore to Rs 2,69,439.91 crore.
Among others, ONGC's valuation gained Rs 4,149.42 crore to Rs 1,99,899.03 crore while that of HDFC rose Rs 4,052.68 crore to Rs 1,89,982.10 crore.
SBI added Rs 2,173.58 crore to its market valuation at Rs 1,88,635.48 crore.
The biggest loser during the week was Infosys, which saw an erosion of Rs 10,922.70 crore to Rs 2,41,845.30 crore.
The IT major was followed by Sun Pharma, which lost its valuation by Rs 3,669.81 crore to Rs 1,74,827.60 crore and Coal India which declined by Rs 2,716.03 crore to settle at Rs 2,10,556.01 crore for the week.
The IT leader TCS, which was at the top of the chart in terms of market valuation of Sensex companies, shed Rs 344.82 crore at Rs 4,72,025.87 crore.
The total market valuation of these 10 firms came in at Rs 25,30,123.47 crore.
For the week gone by, the Sensex added 257.96 points, or 1 percent, to close at 25,868.49 points, its best weekly show since October 9.
Going by the pecking order, TCS remains on the top, followed by RIL, ITC, HDFC Bank, Infosys, Coal India, ONGC, HDFC, SBI and Sun Pharma.