New Delhi: Top seven Sensex companies saw a cumulative addition of Rs 21,942.99 crore in market capitalisation in the week to March 20, defying an overall weak stock market sentiment.
While Tata Consultancy Services (TCS), Reliance Industries Ltd (RIL), HDFC Bank, Infosys, Coal India, Sun Pharmaceutical and HDFC saw addition in their market capitalisation or M-Cap for the week, others such as Oil and Natural Gas Corp (ONGC), ITC and State Bank of India (SBI) suffered losses.
The market valuation of TCS surged by Rs 5,601.96 crore to Rs 5,11,159.45 crore, most among the ten companies.
Infosys's market value climbed by Rs 4,881.01 crore to Rs 2,59,434.16 crore while HDFC Bank added Rs 3,181.73 crore to its M-Cap, taking its market capitalisation to Rs 2,64,447.10 crore.
Sun Pharma's M-Cap jumped by Rs 3,096.3 crore to Rs 2,12,723.10 crore and that of CIL rose by Rs 2,147.56 crore to Rs 2,32,505.37 crore.
Similarly, HDFC's market cap rose by Rs 1,691.62 crore to Rs 2,10,617.69 crore.
RIL added Rs 1,342.81 crore to its market value, taking its capitalisation to Rs 2,76,424.79 crore.
However, the valuation of ITC slumped by Rs 9,087.06 crore to Rs 2,62,382.34 crore.
ONGC's M-Cap also dipped by Rs 2,309.98 crore to Rs 2,66,204.08 crore while that of SBI declined by Rs 1,866.43 crore to Rs 2,07,808.62 crore.
In the ranking of top ten firms, TCS stood at the top position, followed by RIL, ONGC, HDFC Bank, ITC, Infosys, CIL, Sun Pharma, HDFC and SBI.
During the week, the BSE benchmark Sensex fell by 242.22 points to settle at 28,261.08.
via Business - Google News http://ift.tt/1BHE6R3
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