The market-value of 9 of the top-10 companies took place ₹ 2.9 lakh-crores: TCS was the top loser; Its market cap fell ₹ 1.10 lakh crore to ₹ 11.93 lakh crore

In last week’s business, 9 out of the top-10 companies in the country have fallen Rs 2.9 lakh crore. Among them, Tata Consultancy Services (TCS) suffered the most last week. Its market cap has fallen ₹ 1.10 lakh crore to ₹ 11.93 lakh crore.

At the same time, the market cap of Reliance Industries fell ₹ 95 thousand crore to ₹ 16.30 lakh crore. The market cap of Infosys has fallen ₹ 49 thousand crore to ₹ 6.03 lakh crore. Apart from this, market cap of Bajaj Finance, ICICI Bank, HDFC Bank, HUL, SBI and ITC has also fallen. However, only the market cap of Indian Airtel has increased last week.

Last week the Sensex fell 2,112 points

Last week, the Sensex dropped 2,112 points i.e. 2.73%. The Nifty also had a decline of 568 (2.42%) last week. At the same time, on the last trading day of the previous week i.e. April 4, the Sensex closed down 930 points (1.22%) to close at 75,364. At the same time, the Nifty declined by 345 points (1.49%), it closed at 22,904.

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. It is calculated by multiplying the totus number of the company’s issued shares by the price of the stock.

The market cap is used to catarise the shares of companies to help investors to choose 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 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.