In terms of market valuation, the market value of 7 out of the 10 largest companies of the country has increased by Rs 2.10 lakh crore in this week’s trading. During this period, the country’s most valuable company Reliance Industries Limited was the top gainer. The market capitalization of the company has increased by Rs 66,985 crore to Rs 16.90 lakh crore. Last week, the company’s valuation had fallen by Rs 38,026 crore to Rs 16.23 lakh crore. More purchases of Airtel and ICICI Bank shares. At the same time, the value of Tata Consultancy Services (TCS) has increased by ? 46,094 crore to ? 13.07 lakh crore, SBI’s value has increased by ? 39,715 crore to ? 6.54 lakh crore. Apart from these, there has been more purchases of Airtel, ITC, ICICI Bank and Hindustan Unilever (HUL) shares. HDFC’s value fell by ? 31,833 crores The market cap of HDFC Bank has come down by ? 31,833 crores to ? 12.93 lakh crores. Apart from this, the value of Bajaj Finance has decreased by Rs 8,536 crore and Infosys by 955 crores. Sensex rose 1134 points this week On the last trading day of the week i.e. Friday (7 March), the Sensex closed at 74,332, falling by 7 points. Nifty was up by 7 points, it had closed at 22,552. Reliance was up 3%, Tata Motors was up 1.28% and Nestle India’s share was up 0.92%. IndusInd Bank was down by 3.71%, Zomato was down by 3.64% and NTPC was down by 2.29%. Among the NSE sectoral indices, Nifty Media rose 1.83%, Oil & Gas 0.55% and Nifty Auto 0.24% while Nifty IT fell 0.85%, Nifty Realty 1.19% and Nifty Consumer Durables 1.02%. The market has gained 1134 points this week. What is market capitalization? Market cap is the value of the total outstanding shares of any company i.e. 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 several factors. One of these factors is market cap. Investors can find out how big a company is by looking at its market cap. The higher the market cap of a company, the better it is considered to be. Stock prices increase and decrease according to demand and supply. Therefore, market cap is the public perceived value of that company. How does market cap increase or decrease? It is clear from the market cap formula 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, then the market cap will also increase and if the share price decreases, then the market cap will also decrease.
