Market valuation of top-8 Sensex cos surge Rs 72,259 cr

M-cap of ICICI Bank surged Rs 14,089 cr to Rs 1,70,803 cr

The market valuation of top-eight Sensex companies surged Rs 72,259 crore last week, with ICICI Bank, ONGC and SBI emerging as the major gainers.

Barring ITC and Infosys, rest eight companies, including TCS, RIL, CIL, HDFC Bank and Larsen, saw gains in their market capitalisation for the week ended Friday (July 18).

The m-cap of ICICI Bank surged Rs 14,089.32 crore to Rs 1,70,802.78 crore, while ONGC's valuation zoomed Rs 12,362.68 crore to Rs 3,51,117.31 crore.

SBI's m-cap soared Rs 10,444.55 crore to Rs 1,91,230.96 crore, while that of Larsen & Toubro climbed Rs 10,348.99 crore to Rs 1,56,411.99 crore.

The market valuation of TCS advanced by Rs 8,745.72 crore to Rs 4,78,448.69 crore, while CIL added Rs 8,148.11 crore to Rs 2,37,084.74 crore, HDFC Bank (Rs 4,890.04 crore to Rs 2,00,527.54 crore) and RIL (Rs 3,229.69 crore to Rs 3,15,833.18 crore).

In contrast, Infosys lost Rs 4,168.95 crore to Rs 1,86,810.51 crore in m-cap and ITC's value fell by Rs 1,512.1 crore to Rs 2,73,888.96 crore.

The top-10 list of domestic market capitalisation chart was ruled by TCS, followed by ONGC, RIL, ITC, CIL, HDFC Bank, SBI, Infosys, ICICI Bank and Larsen.

Over the past week, the BSE benchmark Sensex gained 617.21 points or 2.46% to close at 25,641.56.