The market value of the country’s largest private sector company Reliance Industries has increased by Rs 1.65 lakh crore after this week’s trading. Now the market cap of the company has become Rs 19.24 lakh crore. Apart from Reliance, the value of telecom company Bharti Airtel has increased by Rs 20,756 crore to Rs 10.56 lakh crore. At the same time, ICICI Bank has increased by ? 19,382 crore, HDFC by 11,515 crore and Infosys by 10,902 crore. The value of Bajaj Finance, HUL and TCS fell. Meanwhile, the value of Bajaj Finance fell by Rs 15,471 crore to ? 5.51 lakh crore, Hindustan Unilever by ? 1,985 crore to ? 5.46 lakh crore and the value of Tata Consultancy Company i.e. TCS fell by ? 1,284 crore to ? 12.46 lakh crore. The stock market rose more than 1200 points this week. The stock market was bullish on the last trading day of the week i.e. Friday, May 2. The Sensex closed at 80,502, up 260 points. Nifty also rose by 12 points, it closed at 24,347. The Sensex has risen 1290 points in the week’s trading. On the last trading day of last week i.e. April 25, it was at 79,212, which closed at 80,502 on May 2. What is market capitalization? Market cap is the value of the total outstanding shares of any company, that is, all those shares that are currently with its shareholders. It is calculated by multiplying the total number of issued shares of the company by their price. Understand it with an example… Suppose… People have bought 1 crore shares of company ‘A’ in the market. If the price of a share is Rs 20, then the market value of the company will be 1 crore x 20 i.e. Rs 20 crore. How does market value increase or decrease? The market value of companies increases or decreases due to the increase or decrease in share prices. There are many other reasons for this… How does market value increase? How does market value decrease? How does market cap work? ————————- Also read this news related to stock market… Sensex rose 10% from March 4 level: Benchmark index rose 7,252 points from the low of 72,990, wealth of the rich increased to Rs 1.6 lakh crore The stock market remained almost stable on Wednesday. Sensex closed with a decline of 46 points at 80,242 and Nifty closed 2 points down at 24,334. But Sensex and Nifty have risen by about 10% from the record-low of March 4. Meanwhile, the wealth of the country’s top-25 billionaires increased to Rs 1.6 lakh crore. Still, their wealth is 60% less than the record high. Sensex has risen 7,252 points from the previous record low of 72,990. Read full news…
