ONGC, TCS & Others Add Rs 55 Crore To Indian Market

21/12/2014 4:19 PM IST | Updated 15/07/2016 8:24 AM IST
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An umbrella seller walks in front of Tata Consultancy Services signboard on the day of its annual general meeting in Mumbai, India, Friday, June 29, 2012. (AP Photo/Rajanish Kakade)

NEW DELHI: Led by Tata Consultancy Services (TCS) and Oil & Natural Gas Corporation Limited (ONGC), eight of the 10 most valued companies added a combined Rs 55,171 crore in market valuation last week.

Only two stocks, ITC and SBI, saw a fall in their market capitalisation last week, while TCS, ONGC, RIL, Coal India and four others gained.

TCS, the nation's biggest software services exporter, added Rs 10,430.23 crore in market capitalisation (m-cap) which was Rs 4,91,435.06 crore at close on Friday last.

Energy giant ONGC's value climbed by Rs 10,566.03 crore, the largest gain among top 10 firms, to Rs 2,98,843.27 crore.

The m-cap of HDFC surged by Rs 7,351.76 crore to Rs 1,75,258.76 crore, while that of Infosys jumped Rs 7,206.67 crore to Rs 2,29,912.68 crore.

CIL's value moved up by Rs 7,074.33 crore to Rs 2,37,842.70 crore, while that of RIL gained Rs 5,370.22 crore to Rs 2,91,204.72 crore.

Similarly, the valuation of ICICI Bank rose by Rs 5,130.01 crore to Rs 2,05,800.20 crore.

On the other hand, ITC's m-cap plunged Rs 20,885.41 crore to Rs 2,95,111.33 crore and SBI lost Rs 5,263.34 crore to Rs 2,27,144.86 crore.

TCS headed the list of top-10 firms, followed by ONGC, ITC, RIL, CIL, Infosys, HDFC Bank, SBI, ICICI Bank and HDFC.

Over the past week, the BSE benchmark sensex ended with a mild gain of 21.16 points at 27,371.84.

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