Mumbai: Eight of the country's top-10 most valued firms added a sum of over Rs 67,000 crore to their combined market valuation last week, with mining giant NMDC contributing the most to its kitty.
However, state-run NTPC and largest software exporter TCS witnessed a combined erosion of Rs 1,910.78 crore from their market capitalisations in the week ended November 7.
Mining giant NMDC added as much as Rs 15,363.21 crore to its market cap in the reviewed week, taking its total market valuation to Rs 1,34,165.45 crore.
Numero-uno in the list, Reliance Industries Ltd (RIL) added Rs 4,189.96 crore to its market capitalisation to Rs 3,21,517.51 crore for the week under review.
Last week, the market traded for four days only, Monday (November 2) being a holiday on the occasion of Gurunanak Jayanti.
State-owned oil firm ONGC followed RIL with its market valuation surging by Rs 5,668.01 crore to Rs 2,47,937.81 crore at the end of the week.
Public sector trading firm MMTC moved to third place after adding Rs 29,523 crore to its market cap which stood at Rs 1,80,734.25 at the end of the week.
Power utility NTPC slipped to fourth slot after losing Rs 824.54 crore from its market valuation.
Bureau Report