Mumbai4 days ago
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In terms of market capitalization, the market cap of 7 out of the 10 largest companies in the country has increased by Rs 1.83 lakh crore in the last week’s business. During this period, the value of three big banks of the country- ICICI, HDFC and State Bank of India has increased by more than 84 thousand crore rupees.
After trading, the value of Hindustan Unilever has increased by Rs 32,471 crore to Rs 5.89 lakh crore. Apart from this, the market cap of ITC, Reliance Industries and LIC has also increased.
TCS value reduced by ₹ 28 thousand crore to ₹ 14.74 lakh crore
In terms of valuation, the country’s second largest company Tata Consultancy Services (TCS) has reduced the market cap of Rs 28,058 crore. After the week -long trading, the company’s market cap has come to Rs 14.74 lakh crore.
The market value of TCS was ₹ 15.02 lakh crore a week ago. Apart from this, the value of Bharti Airtel has reduced Rs 11,212 crore and Infosys value is reduced to Rs 9,653 crore.
Sensex rises 1,315 points last week
Yesterday i.e. on Saturday (1 February), the market was also opened due to budget. After the day-to-day ups and downs, the Sensex rose by 5 points to close at 77,505 levels. The Nifty fell by 26 points, it closed at 23,482 levels.
BSE midcap closed down 212 points to close at 42,884. The Sensex declined 16 out of 30 shares and a decline in 14. Of the 50 shares of Nifty, 29 declined and 22 rose. At the same time, the realty sector climbed 3.38% in the NSE Sectoral Index.
Along with this, the FMCG sector rose 3.01%, consumer durables 2.96% and auto sector 1.91%. Whereas, PSU banking sector declined by 1.59%, oil and gas 1.59% and IT sector 1.48%. The Sensex rose by 1,315 points after the last week’s trading.
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.