In terms of market valuation, the valuation of 6 of the top 10 companies of the country has increased by Rs 2.03 lakh crore after last week’s trading. During this period, Tata Consultancy Services (TCS) was the top-gainer. The company’s market cap increased by Rs 62,574.82 crore to Rs 16.09 lakh crore. At the same time, HDFC Bank added Rs 45,338 crore to its valuation, now the market cap of the largest private sector bank has reached Rs 14.19 lakh crore. The market capitalization of the country’s largest company Reliance Industries has increased by Rs 26,185 crore to Rs 17.75 lakh crore during this period. Airtel’s value decreased by ? 16,720 crore, while after last week’s trading, the valuation of telecom company Bharti Airtel has fallen by Rs 16,720 crore and the company’s market cap has come down to Rs 9.10 lakh crore. At the same time, the valuation of ITC, Hindustan Unilever and Life Insurance Corporation of India i.e. LIC has also declined. The stock market had risen by 1,907 points last week. Last week, the Sensex saw a rise of 1907 points. On the last trading day of the week, December 6, the stock market traded flat. The Sensex closed at 81,709 with a fall of 56 points. Nifty also fell by 30 points, it closed at 24,677. At the same time, BSE Smallcap closed at 57,050 with a rise of 342 points. Out of 30 Sensex stocks, 17 fell and 13 rose. Out of 50 Nifty stocks, 32 fell and 18 rose. In the NSE sectoral index, the metal sector closed with the highest rise of 1.23%. 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 price of the stock. 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 related to the market… Stock market is expected to see fluctuations this week: From inflation rate data to foreign investment, 5 factors will decide the market’s movement. Stock market is expected to see fluctuations this week. The market will keep an eye on factors like retail and wholesale inflation rate data to foreign investment. On Friday, the Monetary Policy Committee kept the repo rate as it is, but reduced the CRR by 0.5%, its effect can also be seen on the market this week. Click here to read the full news…
