9 of top 10 companies gained ₹2.15 lakh crore:Airtel was the top gainer, with its market valuation increasing by ₹52,432 crore

Due to improved sentiment in the global market, the market cap of 9 out of the country’s top-10 most valuable companies increased by a total of ₹2.15 lakh crore last week. Amidst this surge, Bharti Airtel was the top gainer. The company’s valuation increased by ₹52,432 crore to ₹11.63 lakh crore. LIC was second. Its market cap increased by ₹51,675 crore, bringing its total valuation to ₹5.56 lakh crore. Bajaj Finance, Reliance, Larsen Toubro, SBI, HDFC Bank, Hindustan Unilever, and ICICI Bank saw their values increase. Only TCS’s value decreased. 3 main reasons for improved market sentiment According to Ponmudi R, CEO of online trading and wealth tech firm ‘Enrich Money’, the Indian stock market continued its recovery this week. This was mainly due to 3 major reasons Ponmudi R stated that although discussions are still ongoing and the agreement is yet to be fully implemented, the reduction in geopolitical uncertainty has significantly improved market sentiment. Reliance is the country’s most valuable company Reliance Industries still remains the country’s most valuable domestic company by market cap. It is followed by HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen Toubro, LIC and Hindustan Unilever. Last week, Sensex rose 1.68% Last week, the Sensex rose by 1,274.95 points, or 1.68%. On Friday, the Sensex closed down by about 607 points at 76,802. Nifty also fell by 154 points, closing at 24,013. What is Market Capitalization? 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 shares issued by the company by their price. Let’s 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, then the market value of the company will be 1 crore x 20, which is ₹20 crore. The market value of companies increases or decreases due to the rise or fall in share prices. There are several other reasons for this… What is the impact of market cap fluctuations on the company and investors?