Mumbai31 minutes ago
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In terms of market valuation, the market value of 7 out of the 10 largest companies in the country has increased by Rs 2.10 lakh crore in this week's business. During this time, Reliance Industries Limited, the country's most valuable company, was the top gainer.
The company's market capitalization has increased by Rs 66,985 crore to Rs 16.90 lakh crore. Last week, the company's valuation fell by Rs 38,026 crore to Rs 16.23 lakh crore.
More purchases of Airtel and ICICI Bank shares
At the same time, the value of Tata Consultancy Services (TCS) has increased by ₹ 46,094 crore to ₹ 13.07 lakh crore, SBI's ₹ 39,715 crore to ₹ 6.54 lakh crore. Apart from these, more purchases of shares of Airtel, ICICI Bank and Hindustan Unilever (HUL) have been purchased.
HDFC value falls ₹ 31,833 crore
HDFC Bank's market cap has come down to ₹ 31,833 crore to ₹ 12.93 lakh crore. Apart from this, the value of Bajaj Finance is reduced by Rs 8,536 crore and Infosys 955 crores.
Sensex rises 1134 points this week
On the last trading day of the week i.e. Friday (March 7), the Sensex fell 7 points to close at 74,332. The Nifty rose by 7 points, it closed at 22,552.
Reliance gained 3%, Tata Motors 1.28% and Nestle India shares rose by 0.92%. IndusInd Bank declined 3.71%, Zomato 3.64% and NTPC by 2.29%.
NSE sectoral indices rose by 1.83% in Nifty Media, 0.55% in Oil and Gas and 0.24% in Nifty Auto, while 0.85% in Nifty IT, 1.19% in Nifty Realty and 1.02% in Nifty Consumer Durables. The market has gained 1134 points this week.
What is a market capitalization?
The market cap is the value of the total outstanding stocks of any company, ie all the shares that its shareholders currently have. Its calculation is done by multiplying the total number of the company's issued shares by the price of the stock.
The market cap is used to catarise the shares of companies, so that investors will help in choosing them according to their risk profiles. Such as large cap, mid cap and small cap companies.
Market cap = (Number of outstanding shares) X (Price of shares)
How does the market cap use?
Whether or not a company will get a profit in shares, it is estimated by looking at many factors. One of these factor is also a market cap. Investors can find out how big the company is by looking at the market cap.
The higher the market cap of the company, the better it is considered to be a good company. According to demand and supply, stock prices rise and decrease. Therefore, the market cap is the public's public percevad value.
How does the market cap decrease?
It is clear from the formula of the market cap that it is removed by multiplying the total number of shares of the company by the price of stock. That is, if the share price increases, the market cap will also increase and the share price will decrease, then the market cap will also decrease.
