Top-10 Firms Market Cap: Last week was full of relief for the stock market. During this period, the 30-share BSE Sensex rose 669.14 points or 0.79 percent. The market cap of 7 out of the top-10 companies of Sensex increased by a total of Rs 1,28,281.52 crore last week. Investors of Reliance Industries and Bharti Airtel were the biggest gainers last week.
Last week, among the 10 companies, the market cap of Reliance Industries, HDFC Bank, Bharti Airtel, Tata Consultancy Services (TCS), State Bank of India, Infosys and Hindustan Unilever increased, while the market valuation of Bajaj Finance, Life Insurance Corporation of India (LIC) and ICICI Bank declined.
7 out of top 10 companies are in profit
The market valuation of Reliance Industries increased by Rs 36,673 crore to Rs 20,92,052.61 crore. Bharti Airtel’s valuation increased by Rs 36,579.01 crore to Rs 12,33,279.85 crore. Infosys’ valuation increased by Rs 17,490.03 crore to Rs 6,41,688.83 crore and TCS’s valuation increased by Rs 16,299.49 crore to Rs 11,39,715.66 crore.
Losses to investors of these 3 companies
On the other hand, the market capitalization of Bajaj Finance declined by Rs 8,244.79 crore to Rs 6,25,328.59 crore. LIC’s valuation declined by Rs 4,522.38 crore and ICICI Bank’s valuation declined by Rs 1,248.08 crore.
List of top-10 companies
Reliance Industries remained at the first position among the top-10 companies, followed by HDFC Bank, Bharti Airtel, Tata Consultancy Services, ICICI Bank, State Bank of India, Bajaj Finance, Infosys, Life Insurance Corporation of India and Hindustan Unilever.
What is market cap?
Market Cap (Market Capitalization) is the total market value of any company i.e. what is the total value of that company in the stock market, this market cap tells.
Market Cap = Current share price × Total outstanding shares of the company
Suppose the share price of a company is Rs 100 and its 10 crore shares are available in the market, then the market cap will be 100 × 10 crore = ₹ 1,000 crore, that is, the value of the company according to the stock market is Rs 1,000 crore.
