7 of top-10 companies’ value increased by ₹1.55 lakh:Reliance leads, gains with ₹46,687 crore; TCS’s market cap also increased

The value of 7 out of the country’s 10 largest companies, in terms of market capitalisation, increased by ₹1.55 lakh crore in the past week’s trading. During this period, the value of the country’s largest company, Reliance Industries Limited, increased the most. Reliance’s market cap increased by ₹46,687 crore, reaching ₹19.64 lakh crore. Meanwhile, TCS’s value increased by ₹36,126 crore, reaching ₹11.08 lakh crore. Infosys’s market value increased by ₹34,938 crore, reaching ₹6.33 lakh crore. Additionally, the values of SBI, Bajaj Finance, Bharti Airtel, and LIC also increased. ICICI Bank and HUL’s Market Cap Fell Meanwhile, ICICI Bank’s market cap decreased by ₹43,744 crore, falling to ₹9.82 lakh crore. Also, in the past week, the market values of HUL and HDFC Bank also decreased. HUL’s value decreased by ₹20,523 crore, falling to ₹5.91 lakh crore. HDFC Bank’s market value also fell by ₹11,983 crore, reaching ₹15.28 lakh crore. On Friday, Sensex closed down by 345 points On the last trading day of the week, Friday, October 24, Sensex closed down by 345 points at 84,212. Nifty fell by 97 points, closing at 25,795. 20 out of 30 Sensex stocks declined. Shares of Hindustan Unilever, Ultratech, and Adani Ports fell by up to 3.5%. 34 out of 50 Nifty stocks declined. NSE’s FMCG, Banking, Pharma, and Healthcare sectors fell the most. Metal and Realty stocks saw a rise. What is Market Capitalisation? Market cap is the value of a company’s total outstanding shares, i.e., all shares currently held by its shareholders. It is calculated by multiplying the total number of a company’s issued shares by their price. Understand this with an example… Suppose… Company ‘A’ has 1 crore shares bought by people in the market. If the price of one share is 20 rupees, then the market value of the company will be 1 crore x 20, which is ₹20 crores. Companies’ market value increases or decreases due to the rise or fall in share prices. There are several other reasons… What is the impact of market cap fluctuations on the company and investors? Impact on Company: A large market cap helps the company raise funds from the market, take loans, or acquire other companies. Conversely, a small or low market cap reduces the company’s ability to make financial decisions. Impact on Investors: An increase in market cap directly benefits investors because the value of their shares increases. Conversely, a decline can lead to losses, prompting investors to decide to sell their shares. Example: If TCS’s market cap increases from ₹12.43 lakh crore, investors’ wealth will grow, and the company may get more capital for future investments. However, if the market cap falls, it can lead to losses.