Reliance's market capitalization decreased by ₹81,763 crore last week. Five of the top 10 companies saw their values drop by ₹2.23 lakh crore, while TCS saw its value rise by ₹38,858 crore.

The biggest company in the nation by market capitalization, Reliance Industries, saw a ₹ 81,763 crore decline in its market capitalization last week. The company's current market capitalization is ₹ 19.20 lakh crore. It was ₹20.01 lakh crore a week ago.

During this time, the combined valuation of five of the top ten companies in the nation fell by ₹ 2,23,660 crore. State Bank of India (SBI), Life Insurance Corporation of India (LIC), and Reliance have been the top three losers in the market. They are now worth Rs 50,112 crore and Rs 63,629 crore less than before.

Simultaneously, Tata Consultancy Services' (TCS) market capitalization has surged by ₹38,858 crore, amounting to ₹15.26 lakh crore. In addition, Bharti Airtel's market value has increased by Rs 11,977 crore. The company is currently valued at Rs 6.89 lakh crore.
Last week, the stock market dropped 1,475 points.
The final trading day of the week, March 15, saw a decrease in the stock market. The Sensex dropped 453 points to close at 72,643. Simultaneously, Nifty experienced a 123-point decline and concluded at 22,023.

24 of the 30 Sensex stocks saw a decrease, while 5 saw an increase. The oil and gas industry saw the largest decrease, which was 1.98%. The Sensex had dropped 1.99%, or 1,475.96 points, the previous week.

With a 1.98% decline, Nifty Oil and Gas saw the largest one.
Regarding the NSE sectoral index, Nifty Oil and Gas experienced the largest decline, falling by 1.98%. Nifty Auto fell by 1.57%, Nifty IT fell by 0.47%, and Nifty Bank fell by -0.47% all at the same time. In contrast, Nifty Metal increased by 0.03% and Nifty FMCG by 0.02%.
Market cap is the value of the total outstanding shares of any company, i.e., all those shares that are currently held by its shareholders. It is calculated by multiplying the total number of issued shares of the company by the stock price.

The market capitalization of a company refers to the total value of its outstanding shares, or all the shares that its shareholders currently own. It is computed by multiplying the stock price by the total number of shares issued by the company.

To assist investors in choosing companies based on their risk tolerance, market capitalization is used to classify shares of businesses. such as mid-cap, small-cap, and large-cap businesses.

Market capital is equal to the price of shares x the number of outstanding shares.

How does market capitalization function?
Estimates of a company's share price's potential profit are based on a number of variables. Among these is market capitalization. The market capitalization of a company can be used by investors to determine its size.

The greater the company's market capitalization, the more highly regarded it is. Prices for stocks fluctuate based on supply and demand. The market cap is therefore the company's perceived value as seen by the general public.

What causes the market cap to change?
The market capitalization formula makes it evident that the entire number of shares issued by the company is multiplied by the stock price to determine the market capitalization. Accordingly, the market cap will rise in response to an increase in share price and fall in response to a decrease in share price.



Reliance's market capitalization decreased by ₹81,763 crore last week
Reliance's market capitalization decreased by ₹81,763 crore last week