Top six companies go up by Rs 33,985 cr in m-cap; RIL top gainer

The combined market valuation of top six Indian companies went up by Rs 33,985.46 crore last week, with RIL gaining the most.

While Tata Consultancy Services (TCS), Reliance Industries Limited (RIL), HDFC Bank, HDFC, Oil and Natural Gas Corporation (ONGC) and Coal India Limited (CIL) saw gains in their market capitalisation (m-cap) for the week ended Friday, ITC, Infosys and Hindustan Unilever Limited (HUL) suffered losses.

The valuation of State Bank of India (SBI), however, remained unchanged in comparison to last week and stood at Rs 1,97,485.05 crore.

Among the gainers, RIL's m-cap zoomed Rs 8,853.68 crore to Rs 3,57,698.24 crore.

That of ONGC soared by Rs 7,871.05 crore to Rs 2,22,870.52 crore and in TCS' case, it jumped Rs 7,123.1 crore to Rs 4,72,370.69 crore. 

HDFC's m-cap advanced by Rs 3,930.07 crore to Rs 2,25,595.02 crore and HDFC Bank's rose by Rs 3,838.92 crore to Rs 3,33,845.99 crore. CIL too added Rs 2,368.64 crore to Rs 2,07,650.48 crore in its m-cap.

On the other hand, the m-cap of ITC slumped Rs 7,908.95 crore to Rs 3,07,165.09 crore.

Infosys lost Rs 3,985.2 crore to Rs 2,39,571.33 crore and HUL too saw an erosion of Rs 400.26 crore to Rs 1,97,013.92 crore.

In the ranking of top 10 firms, TCS took the lead followed by RIL, HDFC Bank, ITC, Infosys, HDFC, ONGC, CIL, SBI and HUL.

Equities posted their third weekly gain in four as the Sensex and Nifty gained 69.19 points, or 0.24%, and 51.70 points, or 0.58%, respectively.