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The stock market crashed, the net worth of industrialists was washed away, know how much Adani-Ambani was affected!

Wednesday proved to be a bad day for stock market investors and owners of major companies in the country. The earnings of Ambani and Adani, among the world's leading businessmen, have also been hit by the stock market crash and have suffered heavy losses. Let us tell you how much the net worth of both decreased in a single day.
2 Month ago

There is a sharp fall in the stock market. Due to this, the investors have suffered a huge loss of 14 lakh crore rupees. Due to the decline, not only the investors but also the owners of the big companies have seen a drastic decrease in their wealth. The earnings of Ambani and Adani, who are among the world's leading businessmen, have also been affected by the stock market crash.

On the one hand, Adani Group Chairman Gautam Adani received Rs. 66,000 crore in losses and was out of the $100 billion club, on the other hand Mukesh Ambani, chairman of Reliance Industries, the country's most valuable company, also lost Rs. 36,000 was lost. Crores have been lost. Let us tell you how much the net worth of both decreased in a single day.

Investors have suffered a loss of 14 lakh crore rupees

Wednesday proved to be a bad day for investors in the Indian stock market. The Sensex fell by 1046 points, while the Nifty fell by 388 points during trading. However, the stock market saw some recovery in the last minutes of trading as the Sensex fell 906.07 points to close at 72,761.89, while the Nifty closed down 338 points at 338. 21,997.70 level. Amidst this decline, stock market investors have suffered a loss of around 14 lakh crore rupees.

Adani from the 100 billion dollar club

Due to fall in the stock market, veteran industrialists Gautam Adani and Mukesh Ambani, who are among the world's top richest people, have suffered huge losses. Gautam Adani-led Adani Group has a market cap of Rs. 90,000 crore has decreased. Shares of all listed companies of Gautam Adani fell. The fall in stocks had a direct impact on Gautam Adani's net worth, which according to the Bloomberg Billionaires Index stands at $8 billion, or about Rs. 66,000 crore was reduced.

Ambani's net worth has come down a lot

As for Mukesh Ambani, the Reliance chairman has lost $4.42 billion or about Rs 36,000 crore on Wednesday, according to Forbes. Reliance's market value fell to Rs. 19.39 lakh crore has happened. Mukesh Ambani's net worth fell to $112.5 billion due to the collapse of Reliance shares. According to the Bloomberg Billionaires Index, the Reliance chairman is ranked 11th in the list of the world's top billionaires with this much wealth.

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