In terms of market capitalization, the value of 9 of the country’s top 10 companies has decreased by Rs 2.10 lakh crore combined last week. During this period, Hindustan Unilever was the top loser. During the week’s trading, the company’s market cap decreased by Rs 44,196 crore to Rs 5.94 lakh crore. Apart from HUL, Reliance Industries was the second biggest loser. The company’s market cap has fallen by Rs 41,995 crore to Rs 17.97 lakh crore in a week. Apart from these, the valuation of State Bank of India (SBI), Bharti Airtel, TCS has also fallen. DHFC Bank’s market cap increased by ?46,891 crore
During this period, India’s largest private sector bank HDFC was the only gainer in terms of market value. The bank’s valuation has increased by Rs 46,891 crore to Rs 13.30 lakh crore. The stock market fell by 1822 points last week
The stock market fell by 1822 points after last week’s trading. On the last trading day, Friday (25 October), there was a decline for the fifth consecutive day. The Sensex closed at 79,402 with a decline of 662 points (0.83%). Nifty also fell by 218 points (0.90%), it closed at 24,180. At the same time, BSE Small Cap fell by 1,307 points (2.44%) to close at 52,335. Out of 30 Sensex stocks, 20 fell and 10 rose. Out of 50 Nifty stocks, 38 fell and 12 rose. All sectors closed with a decline except FMCG and Healthcare Index. 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, that is, all the shares that are currently held by its shareholders. It is calculated by multiplying the total number of issued shares of the company with the stock price. Market cap is used to categorize the shares of companies, so that investors can choose them according to their risk profile. Such as large cap, mid cap and small cap companies. Market cap = (number of outstanding shares) x (price of shares) How does market cap work?
Whether a company’s shares will give profit or not is estimated by looking at many factors. One of these factors is also 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 the company is considered. Stock prices rise and fall according to demand and supply. Therefore, market cap is the public perceived value of that company. How does market cap increase and decrease?
It is clear from the formula of market cap that it is calculated by multiplying the total number of issued shares of the company with the stock price. That is, if the share price increases, the market cap will also increase and if the share price decreases, the market cap will also decrease. Read this news too… Stock market expected to fall this week: From quarterly results of companies to FII-DII flow; 5 factors will decide the market movement. The stock market may see a decline in the Diwali week starting from October 28. Quarterly results of companies, global and domestic economic data including geopolitical tensions will decide the market movement. Last week, the Sensex closed at 79,402, below the psychological level of 80,000, with a fall of 2.24%, while the Nifty fell 2.7% or 673 points to reach 24,181. It has come down 8% from its record high of September 27. Click here to read the full news…
