Mumbai2 minutes ago
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In terms of market valuation, the market value of 5 out of the 10 largest companies in the country has reduced Rs 93,358 crore in this week’s business. Infosys was the top loser during this period. The company’s market cap has come down to Rs 44,227 crore to ₹ 6.56 lakh crore. Last week its value was Rs 7 lakh crore.
Apart from Infosys, 35,801 crore of Tata Consultancy Services (TCS), ₹ 6,567 crore of Hindustan Unilever (HUL), SBI ₹ 4,462 crore and Reliance’s ₹ 2,301 crore market cap has been reduced.
ICICI Bank value increased ₹ 25,459 crore
ICICI Bank shares were the highest purchases in the week -long business. Private Sector Bank’s market cap increased ₹ 25,459 crore to ₹ 8.83 lakh crore. At the same time, HDFC Bank’s value increased by Rs 12,592 crore to Rs 13.05 lakh crore. Apart from this, the selling of shares of ITC, Bajaj Finance and Airtel was also more.
The stock market dropped 504 points this week
On Thursday (March 13), the Sensex fell 200 points to close at 73,828 levels. The Nifty fell by 73 points, it closed at 22,397 levels. Out of 30 Sensex’s 30 shares, 8 declined and 22 declined.
Shares of State Bank, ICICI Bank and Powergrid were up by 2.0% in Tata Motors, 1.78% in IndusInd Bank and 1.34% in Zomato. Of the 50 shares of Nifty, 12 rose, while 38 declined. NSE realty declined by 1.83%, media 1.50% and auto sector by 1.10%.
What is a market capitalization?
The market cap is the value of the total outstanding stocks of any company, ie all the shares that its shareholders currently have. Its calculation is done by multiplying the total number of the company’s issued shares by the price of the stock.
The market cap is used to catarise the shares of companies, so that investors will help in choosing them according to their risk profiles. Such as large cap, mid cap and small cap companies.
Market cap = (Number of outstanding shares) X (Price of shares)
How does the market cap use?
Whether or not a company will get a profit in shares, it is estimated by looking at many factors. One of these factor is also a 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 it is considered to be a good company. According to demand and supply, stock prices rise and decrease. Therefore, the market cap is the public’s public percevad value.
How does the market cap decrease?
It is clear from the formula of the market cap that it is removed by multiplying the total number of shares of the company by the price of stock. That is, if the share price increases, the market cap will also increase and the share price will decrease, then the market cap will also decrease.
