M-Cap of top 8 firms up Rs 30,510 crhttps://indianexpress.com/article/news-archive/web/mcap-of-top-8-firms-up-rs-30-510-cr/

M-Cap of top 8 firms up Rs 30,510 cr

The BSE 30-stock index,Sensex,closed the last week at 18,938.46.

The combined market value of top eight Sensex companies rose by Rs 30,510 crore last week,led by a smart rally in SBI and RIL valuations.

Barring HDFC and Infosys,other eight companies in the top 10 list saw rise in their market capitalisation (m-cap).

The BSE 30-stock index,Sensex,closed the last week at 18,938.46,up nearly 1 per cent over the previous week.

SBI’s m-cap surged Rs 6,804 crore at Rs 1,56,977 crore,while RIL’s value soared Rs 6,698 crore at Rs 2,77,414 crore.

State-run energy major ONGC added Rs 5,818 crore to its m-cap which reached Rs 2,45,713 crore,while FMCG giant ITC’s valuation was up Rs 3,304 crore at Rs 2,16,598 crore.

The m-cap of Coal India moved up by Rs 2,495 crore at Rs 2,29,536 crore; NTPC’s market worth jumped Rs 2,391 crore at Rs 1,40,791 crore; TCS added Rs 1,908 crore at Rs 2,55,172 crore and ICICI Bank – Rs 1,092 crore at Rs 1,22,991 crore.

On the other hand,HDFC Bank lost Rs 1,469 crore from its market value which was Rs 1,46,789 crore and Infosys’ m-cap fell by Rs 350 crore to Rs 1,45,160 crore.

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RIL continued to rule the top 10 chart,followed by TCS,ONGC,CIL,ITC,SBI,HDFC Bank,Infosys,NTPC and ICICI Bank.