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In terms of market capitalization, the value of 9 out of the top 10 companies of the country has combined reduced by Rs 2.10 lakh crore last week. Hindustan Unilever remained the top loser during this period. During the week's trading, the market cap of the company decreased by Rs 44,196 crore to Rs 5.94 lakh crore.
Apart from HUL, Reliance Industries was the other big loser. The market cap of the company has fallen by Rs 41,995 crore in a week to Rs 17.97 lakh crore. Apart from these, valuations of State Bank of India (SBI), Bharti Airtel, TCS have also fallen.
DHFC Bank's market cap increases by ₹46,891 crore During this period, HDFC, India's largest private sector bank in terms of market value, was the only gainer. The valuation of the bank has increased by Rs 46,891 crore to Rs 13.30 lakh crore.
Stock market fell 1822 points last week There was a decline of 1822 points in the stock market after last week's trading. The last trading day, Friday (25 October), saw a decline for the fifth consecutive day. Sensex closed at 79,402 with a fall of 662 points (0.83%).
Nifty also fell by 218 points (0.90%), it closed at the level of 24,180. At the same time, BSE Small Cap fell 1,307 points (2.44%) and closed at 52,335. Out of 30 Sensex stocks, 20 declined and 10 rose.
Out of 50 Nifty stocks, 38 declined and 12 rose. Except FMCG and healthcare indices, all sectors closed with a decline. Nifty Consumer Durables fell the most by 2.52%.
What is market capitalization? Market cap is the value of the total outstanding shares of any company, i.e. all those shares which are currently held by its shareholders. It is calculated by multiplying the total number of issued shares of the company by the stock price.
Market cap is used to categorize shares of companies to help investors choose them according to their risk profile. Like large cap, mid cap and small cap companies.
Market Cap = (Number of shares outstanding) x (Price of shares)
How does market cap work? Whether a company's shares will yield profit or not is estimated by looking at many factors. One of these factors is market cap. Investors can find out how big a company is by looking at the market cap.
The higher the market cap of the company, the better company it is considered to be. Stock prices rise and fall according to demand and supply. Therefore, market cap is the publicly perceived value of that company.
How does market cap fluctuate? It is clear from the market cap formula that it is calculated by multiplying the total number of issued shares of the company by the stock price. That means if the share price increases then the market cap will also increase and if the share price decreases then the market cap will also decrease.
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Expected decline in stock market this week: From quarterly results of companies to FII-DII flows; 5 factors will decide the movement of the market
There may be a decline in the stock market in the Diwali week starting from 28th October. Quarterly results of companies, global and domestic economic data including geopolitical tension will decide the movement of the market.
Last week, the Sensex fell 2.24% to close at 79,402, below the psychological level of 80,000, while the Nifty fell 2.7% or 673 points to 24,181. It has fallen 8% from the record high of September 27.
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