Business News / Ambani suffered a loss of Rs 30,000 crore and Adani suffered a loss of Rs 66,000 crore, net worth decreased

There was a huge decline in the stock market on the last trading day. Due to this, investors have suffered a huge loss of Rs 14 lakh crore. Due to the decline, not only the investors but also the owners of big companies have seen a huge decline in their wealth. The earnings of Ambani and Adani, who are among the world's leading businessmen, have also been affected by the collapse of the stock market.

Vikrant Shekhawat : Mar 14, 2024, 08:31 AM

Business News: There was a huge decline in the stock market on the last trading day. Due to this, investors have suffered a huge loss of Rs 14 lakh crore. Due to the decline, not only the investors but also the owners of big companies have seen a huge decline in their wealth. The earnings of Ambani and Adani, who are among the world's leading businessmen, have also been affected by the collapse of the stock market.

On one hand, Adani Group Chairman Gautam Adani suffered a loss of more than Rs 66,000 crore and was out of the $100 billion club, while on the other hand, Mukesh Ambani, Chairman of the country's most valuable company Reliance Industries, also lost Rs 36,000 crore. Damage has been done. Let us tell you how much the net worth of both of them decreased in one day.

Investors lost Rs 14 lakh crore

Wednesday proved to be a bad day for investors in the Indian stock market. During trading, Sensex slipped by 1046 points, while Nifty fell by 388 points. However, there was a slight recovery in the market in the last minutes of trading in the stock market, but despite this, the Sensex fell by 906.07 points and closed at the level of 72,761.89, while the Nifty slipped by 338 points and closed at the level of 21,997.70. Amidst this fall, stock market investors lost about Rs 14 lakh crore.

Adani out of 100 billion dollar club

Due to the fall in the stock market, veteran businessmen Gautam Adani and Mukesh Ambani, included in the list of the world's top rich, have suffered huge losses. The market cap of Gautam Adani-led Adani Group declined by Rs 90,000 crore. There was a decline in the shares of all the listed companies of Gautam Adani. The direct impact of this fall in stocks was visible on the net worth of Gautam Adani, which according to the Bloomberg Billionaires Index, decreased by more than $ 8 billion i.e. about Rs 66,000 crore.

Ambani's net worth has decreased so much

Talking about Mukesh Ambani, according to Forbes, the Reliance chairman suffered a loss of $ 4.42 billion or about Rs 36,000 crore on Wednesday. The market value of Reliance reduced to Rs 19.39 lakh crore. Due to the collapse of Reliance shares, Mukesh Ambani's net worth decreased to $ 112.5 billion. According to the Bloomberg Billionaires Index, the Reliance Chairman is at number 11 in the list of world's top billionaires with this much wealth.