Which among the following statements is / are correct with reference to the market capitalization?
1. Market capitalisation is the product of total number of shares and stock price
2. Market capitalisation changes daily
Choose the correct option from the codes given below:

Answer: [C] Both 1 & 2

Market capitalisation or the value of a listed company is arrived at by multiplying the total number of its shares with its stock price on a particular day or time. This figure changes daily with the change in the stock price.

This question is a part of GKToday's Integrated IAS General Studies Module