After touching a 15-month low on September 7, when Sensex lost 308.09 points to end the day at Rs 24,893.81 points, the 30-share barometer managed to recover the lost ground during the week even as volatility persisted. (Express Photo)
The combined market valuation of top six Sensex companies surged by Rs 26,346 crore last week, with Reliance Industries and HDFC contributing the most to the gains.
While RIL, HDFC, SBI, Infosys, HDFC Bank and ONGC saw gain in their market capitalisation or m-cap, TCS, ITC, Coal India and Sun Pharmaceutical — together witnessed a plunge of Rs 14,766 crore in their valuation.
After touching a 15-month low on September 7, when Sensex lost 308.09 points to end the day at Rs 24,893.81 points, the 30-share barometer managed to recover the lost ground during the week even as volatility persisted.
Finally, the BSE benchmark closed at above the 25,000 mark on Friday.
Private industries led the pact of gainers as RIL’s valuation jumped by Rs 8,265.24 crore to touch Rs 2,78,845 crore followed by HDFC that rose by Rs 5,146 crore to Rs 1,85,184 crore.
Country’s largest lender, State Bank of India (SBI) saw a growth of Rs 3,860 crore in m-cap to Rs 1,74,136 crore, while private sector lender HDFC Bank gained Rs 2,970 crore in its valuation to Rs 2,53,593 crore.
State-run ONGC witnessed an increase of Rs 2,224.42 crore in valuation to Rs 1,95,236 crore. In case of IT giant Infosys, the m-cap climbed by Rs 3,882 crore to Rs 2,50,528 crore.
Coal India took the biggest loss in m-cap as the valuation of the miner dropped by Rs 8,148 crore to Rs 2,10,872 crore.
The market capitalisation of drug maker Sun Pharma fell by Rs 3,116 crore to Rs 2,03,488 crore, while that of ITC declined by Rs 2,728 crore to Rs 2,51,173 crore.
The country’s largest software exporter Tata Consultancy Services’ valuation lost Rs 774 crore to Rs 4,98,594 crore.
In terms of ranking — TCS took the lead, followed by RIL, HDFC Bank, ITC, Infosys, Coal India, Sun Pharma, ONGC, HDFC and SBI.
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