M-cap of top 8 Sensex companies rises by Rs 62,074.5 cr in Jan 24 week

Infosys, Coal India and HDFC Bank emerged as star performers of the stock market and helped the combined market valuation of top eight Sensex companies climb up by Rs 62,074.5 crore in the week gone by.

The market valuation of Infosys climbed up by Rs 11,473.24 crore to Rs 2,54,277.52 crore.

Except Tata Consultancy Services and ITC, the remaining eight companies, including ONGC, Reliance Industries (RIL), State Bank of India (SBI), ICICI Bank and Hindustan Unilever (HUL) saw a rise in their market capitalisation (m-cap).

CIL's value soared by Rs 10,106.18 crore to Rs 2,48,801.59 crore and HDFC Bank added Rs 10,008.07 crore to Rs 2,52,111.44 crore.

The market capitalisation of ICICI Bank rose by Rs 9,591.47 crore to Rs 2,14,570.82 crore and that of SBI surged by Rs 8,772.23 crore to Rs 2,44,390.70 crore.

RIL's valuation jumped by Rs 5,807.47 crore to Rs 2,86,960.26 crore, HUL saw a rise of Rs 4,348.1 crore to Rs 2,08,221.84 crore and that of ONGC went up by Rs 1,967.76 crore to Rs 2,98,201.61 crore.

On the other hand, ITC's value declined by Rs 8,035.41 crore to Rs 2,79,240.59 crore and TCS lost Rs 5,915.36 crore to Rs 4,90,014.98 crore.

In the top 10 most valued companies' ranking list, TCS stood at the top position, followed by ONGC, RIL, ITC, Infosys, HDFC Bank, CIL, SBI, ICICI Bank and HUL.

Over the past week, the benchmark Bombay Stock Exchange (BSE) index Sensex gained 1,156.95 points to settle at 29,278.84 on Friday.

The stock market will remain closed today on account of Republic Day.