Airtel’s value decreased by ₹ 27,636 crore in a week: Value of 6 top 10 companies of the country fell by ₹ 68,417 crore, SBI increased by ₹ 26,908 crore.

According to market valuation, the combined value of 6 out of the top 10 companies of the country has decreased by ₹ 68,417.14 crore in the last trading week. The biggest loser in this has been Bharti Airtel. The market cap of the company has decreased by ₹ 27,635.65 during this period. Now the value of Airtel has come down to ₹7.24 lakh crore. Apart from this, the market cap of the country’s most valuable company Reliance Industries has also fallen by ₹ 23,341.56 crore to ₹ 19.41 lakh crore. A week ago it was Rs 19.64 lakh crore. At the same time, the total market capitalization of four companies in this list has also increased by ₹ 67,908.44 crore. SBI’s market-cap increased by ₹26,907 crore in a week. The top gainer of the market last week was State Bank of India (SBI). Its market cap has increased by ₹26,907.71 crore to ₹7.42 lakh crore. Whereas, ICICI Bank is at second place. Its market value has increased by ₹24,651.55 crore. Now the market cap of the company has become ₹ 8.02 lakh crore. On May 3, Nifty made an all-time high of 22,794. On the last day of the last trading week i.e. May 3, huge fluctuations were seen in the stock market. During trading, Nifty made an all-time high of 22,794. However, after this it came down and closed at the level of 22,475 with a fall of 172 points. At the same time, the Sensex fell 1,217 points from the day’s high of 75,095. It closed at the level of 73,878 with a fall of 732 points. Out of its 30 shares, 24 saw a decline and 6 saw a rise. 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 market cap formula 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.

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