This Article is From Jul 06, 2014

HDFC Bank, ITC, 8 Others Add Rs 68,518 Crore in Market Value

HDFC Bank, ITC, 8 Others Add Rs 68,518 Crore in Market Value
New Delhi:

In a strong market, the top-10 Sensex companies together added Rs 68,518 crore in market capitalisation (M-cap) last week, with ITC and HDFC Bank emerging as the biggest gainers.

The market valuation of FMCG major ITC jumped by Rs 10,758.69 crore to Rs 2,65,140.69 crore.

Similarly, HDFC Bank's m-cap surged by Rs 10,565.07 crore to Rs 2,06,183.07 crore. ONGC saw its value climb by Rs 9,283.13 crore to Rs 3,60,956.13 crore.

The m-cap of ICICI Bank zoomed by Rs 9,139.94 crore to Rs 1,69,060.94 crore while Coal India's market value advanced by Rs 7,517.34 crore to Rs 2,48,896.34 crore.

Larsen & Toubro (L&T) added Rs 7,188.27 crore to Rs 1,61,644.27 crore in its market cap and RIL's value moved up by Rs 6,192.97 crore to Rs 3,33,599.97 crore.

State Bank of India's market capitalisation soared by Rs 4,651.81 crore to Rs 2,01,503.81 crore.

Tata Consultancy Services (TCS) M-cap soared by Rs 2,233.27 crore to Rs 4,72,014.27 crore, while that that of Infosys went up by Rs 987.71 crore to Rs 1,86,003.71 crore.

In the ranking of top-10 firms, TCS stood at the No.1 position. India's largest software services exporter was followed by ONGC, RIL, ITC, CIL, HDFC Bank, SBI, Infosys, ICICI Bank and L&T.

The BSE benchmark Sensex touched an all-time high of 25,999.08 before ending at 25,962.06, showing a sharp gain of 862.14 points or 3.43 per cent during the last week.