market-cap-of-3-companies-out-of-top-10-largest-surge:value-up-₹75,855-crore;-sbi-–-top-gainer

The market value of 3 out of the country’s 10 largest companies by market capitalisation increased by Rs 75,855.43 crore in last week’s trading. During this period, the value of the country’s largest public sector bank SBI increased the most. SBI’s market cap increased by Rs 39,045.51 crore to Rs 9.62 lakh crore. Infosys’ market value increased by Rs 31,014.59 crore to Rs 7.01 lakh crore. Meanwhile, ICICI Bank’s market cap increased by Rs 5,795.33 crore to Rs 10.09 lakh crore. Value of 7 companies including Reliance fell by Rs 75,549 crore Meanwhile, the market value of Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, Bajaj Finance, Hindustan Unilever and Larsen Toubro saw a total decline of Rs 75,549.89 crore. The three companies – SBI, Infosys and ICICI Bank – gained much more than the losses incurred by these seven companies. These three companies recorded a total increase of Rs 75,855.43 crore in their market cap. Reliance’s market cap decreased by Rs 23,952 crore Reliance Industries’ market cap has decreased by Rs 23,952 crore to Rs 19.72 lakh crore. Larsen Toubro’s market value decreased by Rs 23,501.8 crore to Rs 5.30 lakh crore. Meanwhile, HDFC Bank’s market cap decreased by Rs 11,615.35 crore to Rs 14.32 lakh crore. What is Market Capitalisation? Market cap is the value of a company’s total outstanding shares, meaning all shares currently held by its shareholders. It is calculated by multiplying the total number of shares issued by the company by their price. How do market cap fluctuations affect companies and investors? Impact on Company: Large market cap helps companies raise funds from the market, take loans, or acquire other companies. Meanwhile, small or low market cap reduces the company’s ability to make financial decisions. Impact on Investors: Increase in market cap directly benefits investors because their share prices increase. However, a decline can cause losses, which may lead investors to decide to sell shares.