In terms of market valuation, the market value of 8 of the 10 largest companies in the country has fallen by Rs 3.09 lakh crore in this week’s trading. During this period, the market cap of Tata Consultancy Services (TCS) has fallen the most by Rs 1,09,212 crore (Rs 1.09 lakh crore). Now the market cap of the company has come down to Rs 12.61 lakh crore. Last week, the valuation of the company was Rs 13.70 lakh crore. Now TCS has come down from being the second most valuable company to the third position. Apart from this, there has been a big decline of Rs 52,698 crore in Infosys, Rs 39,230 crore in Airtel and Rs 38,026 crore in Reliance. HDFC Bank – After a week’s trading, the market capitalization of HDFC Bank, the second most valuable company in the country, has increased by Rs 30,258 crore to Rs 13.24 lakh crore. Earlier, the market cap of the company was Rs 12.94 lakh crore. Apart from HDFC Bank, the market cap of Bajaj Finance also increased by Rs 9,050 crore to Rs 5.30 lakh crore. Investors’ wealth decreased by Rs 18 lakh crore Due to selling during this week’s trading in the stock market, the wealth of investors decreased by Rs 18 lakh crore. On 28 February, the overall market cap of companies listed on BSE stood at Rs 384 lakh crore. On the last trading day of last week i.e. Friday (21 February), it was Rs 401.81 lakh crore. Whereas, yesterday it decreased by Rs 8.95 lakh crore in a single day. Stock market fell 2,113 points this week On the last trading day of the week i.e. yesterday (Friday, 28 February), the Sensex fell by 1414 points (1.90%). It closed at 73,198 level. Nifty also fell 420 points (1.86%) to close at 22,124. BSE Small Cap fell 1,028 points (2.33%) to close at 43,082. Mid Cap also fell 853 points (2.16%) to close at 38,592. All sectoral indices of NSE declined today. The biggest decline was in Nifty IT by 4.18%, Auto by 3.92%, Media by 3.48%, Public Sector Banks by 2.83% and Metal by 1.39%. Apart from this, Pharma, Banking, FMCG and Financial Services witnessed a decline of up to 2%. This week, Sensex fell by a total of 2,113 points. 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 price of the stock. 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 a 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 fluctuate? 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 too… Market falls for 5 consecutive months for the first time since 1996: Auto-FMCG falls by more than 20%, foreign investors investing in the Chinese market From October 2024, Nifty has closed in the red every month. It has fallen 12% in 5 months. This is the first time since 1996 that the market has declined for five consecutive months. Earlier in 1996, between July and November, the market had registered a decline for 5 consecutive months. During these 5 months, the Nifty 50 index fell by 26%. Click here to read the full news…
