Top companies increase m-capitalization

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Top 10 largest indian companies by m-capitalizaion increased their market value by over 10000 crores when combined together. Stock prices of indian IT major Infosys topped the list wit market cap touching 193365 crores up by 4500 crores as it's stock price closed at 3300 levels.

Bharti Airtel was at second biggest gainer and added Rs 1,879.77 crore to its m-cap which reached at Rs 1,32,343.57 crore.

India's largest private bank ICICI Bank's market-captilization is also up by Rs 1,697.38 crore to Rs 1,28,525.13 crore, ITC also added Rs 1,462.79 crore. Market captilization of IT major TCS added just 58.71 crore to it's m-cap. NTPC added Rs 206.14 crore thus showing some selective buying by investors.

The 30 component benchmark index SENSEX gained mere 1.05 percent this week closing at 20073.66.

Stock prices of Anil Ambani led ADAG group Reliance Infra and Reliance Cap lost over 20 per cent each. state owned companies are worst hit with market cap shrinking tremendous low levels, CIL diminished by Rs 5,337.32 crore. State Bank of India valuation declined to Rs 1,74,933.4 crore.

Majority of top 10 BSE companie's M-cap rockets

(posted under - BSE live, BSE Stocks) - Majority of top 10 companies of BSE added a whopping 17000 crores to their Market Capitalisation, Oil and Natural gas Corporation(ONGC) was first in list and added more then 8000 crores. ONGC gained 3.24 per cent to settle at Rs 1,305.05 at the end of Friday's trade on the Bombay Stock Exchange.

RIL gained 1707 crores, NTPC at the third spot saw its valuation swell by Rs 5,029.73 crore to Rs 1,66,764.43 crore. ITC gained over 190 crores.