In terms of market valuation, the market value of 6 of the 10 largest companies of the country has decreased by Rs 78,166 crores in this week’s trading. During this period, private Reliance Industries was the top loser. The company’s market cap has decreased by ?40,800 crores to reach Rs 19.30 lakh crores. Apart from this, the value of Tata Consultancy Company i.e. TCS has decreased by ?17,710 crores to ?12.71 lakh crores. At the same time, the value of Infosys has decreased by Rs 10,488 crores, Hindustan Unilever by 5,462 crores, ICICI Bank by 2,454 and SBI Bank by 1,249 crores. Sensex rose by 769 points on Friday On the last trading day of the week i.e. Friday, 23 May, the Sensex closed at 81,721, rising by 769 points. Nifty also rose by 243 points, closing at 24,853. Out of 30 Sensex stocks, 28 rose, while two fell. Shares of Zomato, Power Grid, ITC and Bajaj Finserv rose by up to 3.5%. A total of 14 stocks, including Nestle India, rose by up to 1.8%. Sun Pharma and Airtel slipped by 1.8%. 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 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 one share is Rs 20, then the market value of the company will be 1 crore x 20 i.e. Rs 20 crore. How does the market value increase or decrease? The market value of companies increases or decreases due to the rise or fall 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?
