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HDFC, Six Other Companies Add Rs 41,687 Crore To Market Value

HDFC's M-Cap rose by Rs 11,309.5 crore to Rs 2,27,624.66 crore in past one week.
HDFC's M-Cap rose by Rs 11,309.5 crore to Rs 2,27,624.66 crore in past one week.

New Delhi: Seven of the top 10 firms saw a surge of Rs 41,687 crore in their combined market valuation for the week ended September 2, with HDFC and ITC emerging as the biggest gainers.

Barring Tata Consultancy Services (TCS), Reliance Industries Ltd (RIL) and Coal India Ltd (CIL), the remaining seven companies among the top 10 saw a rise in their market capitalisation (M-Cap) for the week.

The market valuation of HDFC - the top gainer in the chart - advanced by Rs 11,309.5 crore to Rs 2,27,624.66 crore.

The M-Cap of ITC zoomed by Rs 10,759.78 crore to Rs 3,17,554.46 crore, while that of HDFC Bank soared by Rs 7,237.81 crore to Rs 3,26,549.50 crore.

The market valuation of State Bank of India jumped by Rs 5,938.52 crore to Rs 1,97,446.23 crore while that of HUL went up by Rs 3,733.37 crore to Rs 1,99,080.67 crore.

The market capitalisation of Infosys rose by Rs 2,365.85 crore to Rs 2,36,826.48 crore while that of ONGC rose by Rs 342.22 crore to Rs 2,04,347.88 crore.

On the other hand, the M-Cap of RIL slumped by Rs 4,800.14 crore to Rs 3,28,477.87 crore while that of TCS wend down by Rs 3,083.72 crore to Rs 4,95,267.06 crore.

CIL's market capitalisation fell by Rs 600.05 crore to Rs 2,10,019.12 crore.

In the ranking of top 10 firms, TCS retained the tag of the most-valued firm, followed by RIL, HDFC Bank, ITC, Infosys, HDFC, CIL, ONGC, HUL and SBI.

Posting their biggest weekly gains in over two months, the Sensex has climbed 749.86 points or 2.69 per cent and the NSE Nifty soared 237.10 points or 2.76 per cent.