Mumbai7 minutes ago
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In terms of market capitalization, 8 out of the 10 largest companies in the country have reduced the market cap of Rs 2.04 lakh crore in the last week’s business. During this period, Reliance Industries, the country’s most valuable company, was the top loser. The company’s market cap has fallen by Rs 67,527 crore to Rs 16.47 lakh crore.
In addition, the value of companies like Tata Consultancy Services (TCS), HDFC Bank, ITC and Infosys has also fallen. Whereas, the value of telecom company Bharti Airtel has increased by Rs 22,426 crore to Rs 9.79 lakh crore and the value of ICICI Bank has increased by Rs 1,183 crore to Rs 8.89 lakh crore.
Sensex dropped 2,644 points in the last 8 trading day
The Sensex fell 199 points to close at 75,939 on the last trading day of the week i.e. Friday (14 February). The Nifty also fell by 102 points, it closed at 22,929 levels. At the same time, BSE Smallcap fell 1522 points to close at 45,411 levels.
Out of 30 Sensex’s 30 shares, 25 declined and 5 declined. Out of 50 shares of Nifty, 41 declined and 9 declined. The media sector of the NSE Sectoral Index was the biggest decline of 3.40%.
The Sensex and Nifty continued to decline for the eighth consecutive day on Friday. The BSE has dropped 2,644.6 points (3.36%) and Nifty 810 points (3.41%) in the last eight business days.
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 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.