Friday, Jun 02, 2023 | New Delhi 31*C

Adani-Ambani shares crash amid election results, losses over 2 lakh crores

The stock market has seen a decline of 8 percent. According to the information, Bombay Stock Exchange's flagship index Sensex is trading at 70,453.19 points, down 6000 points. On the other hand Nifty has seen a decline of over 1900 points.

The trends of the election results are slowly becoming clear. The effect of which is clearly visible in the stock market. Both Sensex and Nifty are down by more than 5 percent. The kind of decline seen in the stock market amid the election results.

The condition of veterans has become very bad. Adani Group is suffering the most. In whose companies a decrease of up to 18 percent has been seen. On the other hand, the shares of Reliance Industries, the country's largest company, have seen a decline of more than 7 percent. At the same time, the least loss is seen in TCS, the largest company of the Tata group.

A day ago, stocks ranging from Reliance Industries to Adani Group saw a huge jump. In Adani Group's market Rs. An increase of 2 lakh crores was seen. A good increase was also seen in the market cap of Reliance Industries. Let's see how much the market cap of Adani Group, Reliance Industries and TCS has declined.

Big loss to Adani Group companies

  1. Adani Group companies have suffered huge losses. During the trading session Adani Group's market cap was Rs. 2,57,453.6 crore has been eroded.
  2. During the trading session, Adani Enterprises, the largest company of the Adani Group, has a market cap of Rs. 41,530.79 crore has decreased.
  3. Shares of Adani Port and SEZ are also seeing a big drop. Which is also seen in the market cap. During the trading session, the company received Rs. 33,719.77 crores has been lost.
  4. Talking about Adani Energy Solutions, the company saw a decline of over 14 percent during the trading session. Due to which the market cap is Rs. 19,331.83 crores has been lost.
  5. Adani Green Energy has the highest market cap of Rs. A decrease of 59,217.56 crores is being observed. Shares of the company have seen a decline of more than 18 percent today.
  6. Adani Total Gas: Shares of Total Gas have seen a decline of around 19 percent. Due to which the market cap of the company is Rs. 23,011.23 crore has decreased.
  7. Shares of Adani Wilmar fell 10 percent on Tuesday. Due to which the market cap of the company is Rs. 4,692.87 crore has been eroded.
  8. The shares of Adani Group's cement company ACC Limited are witnessing a major decline. Due to which the company has suffered a loss of Rs 5,027.06 crore.
  9. Due to decline in Ambuja Cement shares, the company's market cap has fallen to Rs. 24,753.69 crores has been lost.
  10. Shares of the group's media company have also seen a decline of over 7 percent and the company's market cap has lost over Rs. 265.62 crore has decreased.

Big loss for Mukesh Ambani's company

The shares of Reliance Industries, the country's largest company, are also seeing a big decline. According to the data received from BSE, the share of Reliance Industries is seeing a decline of 10 percent. Shares of Reliance Industries touched a low of 2731.10 points during the trading session. At present i.e. at 12:22 pm, the stock of Reliance Industries is trading at 2761.95 points with a decline of about 9 percent.

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