Top 9 Sensex companies add Rs 1.39 lakh crore in market capitalisation

The market valuation of ONGC surges at Rs 31,826.42 crore

Update: 2014-05-18 13:10 GMT
Photo Courtesy: PTI

New Delhi: The combined market valuation oftop nine Sensex firms advanced by a whopping Rs 1.39 lakh crore with energy majors ONGC and RIL emerging as the star   performers, while TCS saw a marginal dip last week when stock market recorded life-time highs. Barring TCS, which is the most valued Indian firm in terms of market capitalisation, the rest nine of the top 10 including ITC, CIL and HDFC Bank saw a cumulative addition of   Rs 1,39,604.22 crore in their m-cap. 

The market valuation of ONGC surged Rs 31,826.42 crore to Rs 3,29,343.59 crore, helping it become the top gainer in the domestic market capitalisation chart. RIL's value soared Rs 26,876.26 crore to Rs 3,49,245.93  crore. Coal India's m-cap zoomed by Rs 23,117.9 crore to Rs 2,18,325.14 crore. The m-cap of SBI gained Rs 18,037.2 crore to Rs 1,80,245.14 crore, HDFC Bank surged Rs 11,404.92 crore to Rs 1,93,211.33 crore and ICICI Bank added Rs 10,411.5 crore to end with Rs 1,69,230.12 crore valuation.  

ITC's market value jumped Rs 9,583.59 crore to Rs 2,84,366.06 crore, Tata Motors' m-cap rose Rs 4,186.09 crore to Rs 1,21,180.09 crore and Infosys' valuation moved up by Rs 4,160.34 crore to Rs 1,82,483.64 crore. In contrast, TCS' m-cap declined Rs 714.93 crore to Rs 4,22,605.36 crore. The top-10 companies list has TCS at the number one position, followed by RIL, ONGC, ITC, CIL, HDFC Bank, Infosys,   SBI, ICICI Bank and Tata Motors.  

The Sensex had surged 1,470 points to hit a new life-time   high of 25,375.63 on Friday fuelled by hopes that the BJP   government would fast-track reforms and accelerate economic   activity. It later closed at a record 24,121.74, a gain of 216.14 points. Over the past week, the Sensex gained 1,127.51 points to 24,121.74. 

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