8 blue-chip cos add Rs 40,620 cr in market value
Mumbai: Eight of the top 10 Sensex companies added a combined Rs 40,620 crore to their market valuation in the week gone by, led by ITC and Coal India. Barring TCS and ONGC, companies, including ITC, Coal India, HDFC and Bharti Airtel, saw their market capitalisation (m-cap) rise in an overall bullish stock market. Even so, TCS held on to its numero-uno position, followed by Reliance Industries, ITC, ONGC, Coal India, Infosys, HDFC Bank, Hindustan Unilever, Bharti Airtel and HDFC.
ITC’s market value surged Rs 12,151 crore to Rs 2,62,468 crore, emerging as the top gainer. State-run Coal India, the second-best performer, added Rs 10,138 crore to Rs 1,85,385 crore in its m-cap. Mortgage lender HDFC’s value rose by Rs 7,144 crore to Rs 1,25,602 crore, while the m-cap of Bharti Airtel moved up by Rs 4,897 crore to Rs 1,30,235 crore.
The market cap of HDFC Bank climbed Rs 3,083 crore to Rs 1,50,400 crore and the value of Reliance Industries advanced by Rs 1,841 crore to Rs 2,82,106 crore. Hindustan Unilever saw its market valuation expand by Rs 941 crore to Rs 1,34,412 crore and the m-cap of Infosys added Rs 425 crore to Rs 1,73,893 crore.
TCS lost Rs 7,320 crore to Rs 3,81,687 crore in m-cap, while ONGC slipped by Rs 5,475 crore to Rs 2,41,906 crore. The benchmark 30-share S&P BSE Sensex gained 462.7 points, or 2.4 per cent, over the week to end at 19,732.76.