MUMBAI, June 2 (PTI): In an overall flat stock market last week, the
combined market valuation of top six Indian companies rose by Rs 336.38
billion, with Coal India and ITC emerging as top gainers.
While six of them, including TCS, ONGC, CIL and ITC saw gains in their market capitalisation (m-cap), the valuations of HDFC Bank, SBI, HDFC and ICICI Bank plunged.
The m-cap of CIL soared by Rs 92.22 billion to Rs 2052.50 billion. Shares of the state-run company also rose by nearly 5 per cent to Rs 324.95 during last week.
FMCG major ITC saw a surge of Rs 77.83 billion to Rs 2685.43 billion in its m-cap. TCS added Rs 57.93 billion to Rs 2935.04 billion in its value.
RIL's market cap shot-up by Rs 57.28 billion to Rs 2607.22 billion, the value of Infosys climbed Rs 34.86 billion to Rs 1382.53 billion and ONGC saw a rise of Rs 16.26 billion to Rs 2796.36 billion in its valuation.
In contrast, the value of SBI plunged Rs 70.76 billion to Rs 1400.69 billion, while ICICI Bank lost Rs 57.34 billion to Rs 1331.87 billion from its m-cap.
Mortage lender HDFC's market worth slipped Rs 26.70 billion to Rs 1373.85 billion, while HDFC Bank shed Rs 2.74 billion to Rs 1666.79 billion.
In the ranking of top-10 most valued companies, TCS was at the top place, followed by ONGC, ITC, RIL, CIL, HDFC Bank, SBI, Infosys, HDFC and ICICI Bank.
In the stock market, the BSE benchmark Sensex ended the week 56 points, or 0.28 per cent higher at 19,760.30
While six of them, including TCS, ONGC, CIL and ITC saw gains in their market capitalisation (m-cap), the valuations of HDFC Bank, SBI, HDFC and ICICI Bank plunged.
The m-cap of CIL soared by Rs 92.22 billion to Rs 2052.50 billion. Shares of the state-run company also rose by nearly 5 per cent to Rs 324.95 during last week.
FMCG major ITC saw a surge of Rs 77.83 billion to Rs 2685.43 billion in its m-cap. TCS added Rs 57.93 billion to Rs 2935.04 billion in its value.
RIL's market cap shot-up by Rs 57.28 billion to Rs 2607.22 billion, the value of Infosys climbed Rs 34.86 billion to Rs 1382.53 billion and ONGC saw a rise of Rs 16.26 billion to Rs 2796.36 billion in its valuation.
In contrast, the value of SBI plunged Rs 70.76 billion to Rs 1400.69 billion, while ICICI Bank lost Rs 57.34 billion to Rs 1331.87 billion from its m-cap.
Mortage lender HDFC's market worth slipped Rs 26.70 billion to Rs 1373.85 billion, while HDFC Bank shed Rs 2.74 billion to Rs 1666.79 billion.
In the ranking of top-10 most valued companies, TCS was at the top place, followed by ONGC, ITC, RIL, CIL, HDFC Bank, SBI, Infosys, HDFC and ICICI Bank.
In the stock market, the BSE benchmark Sensex ended the week 56 points, or 0.28 per cent higher at 19,760.30
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