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- Mcap Of 8 Most Valued Firms Jumps Rs 1.83 Lakh Crore, TCS And Infosys Biggest Gainers
New Delhi45 minutes ago
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In last week’s trading, the combined market capitalization of 8 out of the top 10 companies of the country has increased by Rs 1.83 lakh crore. Among these, TCS has made the highest profit. Its market cap has increased by ₹38,894 crore to ₹14.51 lakh crore.
Infosys’ market cap has increased by ₹33,320 crore to ₹6.83 lakh crore. At the same time, the market cap of Reliance Industries has increased by ₹ 32,611 crore to ₹ 21.51 lakh crore.
Apart from this, the market value of ICICI Bank, LIC, HUL, ITC and SBI has increased. Whereas, the market value of HDFC Bank and Bharti Airtel has decreased.
HDFC Bank’s market cap reduced by ₹26,970 crore
HDFC Bank’s market cap declined by ₹26,970 crore to ₹12.53 lakh crore. Whereas Bharti Airtel’s market cap declined by ₹8,735 crore to ₹8.13 lakh crore.
Market value of 8 out of top 10 companies increased and 2 decreased.
| company | Market value increased/decreased (in ₹ crores) | Current Market Value (₹ in Lakh Crore) |
| TCS | 38,894 | 14.51 |
| Infosys | 33,320 | 6.83 |
| Reliance Industries | 32,611 | 21.51 |
| ICICI Bank | 23,676 | 8.67 |
| LIC | 16,950 | 6.42 |
| HUL | 16,917 | 5.98 |
| ITC | 10,924 | 5.41 |
| SBI | 9,995 | 7.67 |
| HDFC Bank | – 26,970 | 12.53 |
| Bharti Airtel | – 8,735 | 8.13 |
Source: BSE, Note: Figures are based on July 1 to July 5
Top 10 companies of the country in terms of market cap
| company | (in ₹ lakh crore) |
| Reliance Industries | 21.51 |
| TCS | 14.51 |
| HDFC Bank | 12.53 |
| Bharti Airtel | 8.13 |
| ICICI Bank | 8.67 |
| SBI | 7.67 |
| Infosys | 6.83 |
| LIC | 6.42 |
| HUL | 5.98 |
| ITC | 5.41 |
Source: BSE, Note: Figures are based on July 1 to July 5
Sensex gained 0.95% last week
There was a rise of 0.95% in the Sensex in the last entire trading week. Nifty also had a rise of 0.08%. There was a decline in the stock market on Friday, July 5, the last trading day of the week.
The Sensex closed at 79,996 with a fall of 53 points. At the same time, there was a rise of 21 points in Nifty, it closed at the level of 24,323. Out of 30 Sensex stocks, 17 saw a rise and 13 saw a fall.
What is market capitalization?
Market cap is the value of the total outstanding shares of any company, i.e. all those shares which are currently held by its shareholders. It is calculated by multiplying the total number of issued shares of the company by the stock price. Market cap is used to categorize shares of companies to help investors select them according to their risk profile. Like large cap, mid cap and small cap companies.
Market Cap = (number of shares outstanding) x (price of shares)
How does market cap work?
Whether a company’s shares will yield profit or not is estimated by looking at many factors. One of these factors is market cap. Investors can find out how big a company is by looking at the market cap. The higher the market cap of the company, the better the company is considered. Stock prices rise and fall according to demand and supply. Therefore, market cap is the publicly perceived value of that company.
How does market cap fluctuate?
It is clear from the formula of market cap that it is calculated by multiplying the total number of issued shares of the company by the stock price. That means 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.
