Market cap of eight companies decreased by 2.08 lakh crores, Reliance-TCS suffered the most loss

Last week, the market capitalization of eight of the 10 most valuable companies decreased by Rs 2.08 lakh crore. Reliance Industries, TCS, and Infosys suffered the most. Reliance Industries' market cap decreased by Rs 67,792.23 crore to Rs 19,34,717.12 crore.

At the same time, the market cap of TCS fell by Rs 65,577.84 crore to Rs 13,27,657.21 crore. The two companies whose market cap has increased are SBI and HDFC Bank. The market cap of HDFC Bank has increased by Rs 10,954 crore to Rs 11.64 lakh crore. At the same time, the market cap of SBI has increased by Rs 1,338 crore to Rs 7.40 lakh crore.

The Sensex fell 2% last week. Nifty also fell 1.98 percent. At the same time, on the final trading day of the week, May 31, the stock market rose. The Sensex closed at 73,961, up 75 points. At the same time, the Nifty rose by 42 points. It ended at 22,530. However, the stock market is expected to rally this week.

Market capitalization indicates the value of a company's outstanding shares. As shares are bought and sold, the company's market capitalization fluctuates. The market cap provides insight into a company's share price returns and associated risks.

Market cap is used to categorize the shares of companies. This helps investors choose companies according to their risk profile. Like large-cap, mid-cap, and small-cap companies. Mutual funds also invest accordingly.