TCS, Infosys, ITC Add Rs. 40,438 Crore To Market Value In A Week

Three of the 10 most-valued companies added R
s.

40,438.58 crore to their combined market valuation in the week ended February 10, with Tata Consultancy Services (TCS) emerging as the biggest gainer.

However, seven others such as Reliance Industries, HDFC Bank and ONGC suffered losses of total R

s.

 15,665.14 crore in during the week.

Among the gainers, the market capitalisation or M-Cap of TCS soared by R

s.

 32,108.12 crore to R

s.

 4,72,252.46 crore. The valuation of Infosys zoomed by R

s.

 7,602.89 crore to R

s.

 2,22,355.73 crore while that of ITC by R

s.

 727.57 crore to R

s.

 3,31,103.56 crore. 

On the other hand, ONGC's valuation plunged by R

s.

 9,689.09 crore to R

s.

 2,48,194.77 crore. HDFC Bank's M-Cap slumped by R

s.

 1,739.63 crore to R

s.

 3,33,728.01 crore. The market capitalisation of HDFC tanked by R

s.

 1,196.73 crore to R

s.

 2,20,072.89 crore during the week.

The valuation of Reliance Industries Limited (RIL) declined by R

s.

 1,098.85 crore to R

s.

 3,34,215 crore while that of SBI slipped by R

s.

 916.95 crore to R

s.

 2,20,268.06 crore. The market valuation of CIL dropped by R

s.

 806.97 crore to R

s.

 2,01,585.61 crore. Maruti Suzuki, the new entrant to the top 10 list, also suffered a loss of R

s.

 216.92 crore to R

s.

 1,84,595.08 crore.

In the ranking of top 10 firms, TCS led the chart, followed by RIL, HDFC Bank, ITC, ONGC, Infosys, SBI, HDFC, CIL and Maruti.

On a weekly basis, the Sensex recorded a rise of 93.73 points, or 0.33 per cent, while the Nifty gained 52.60 points, or 0.60 per cent, respectively.