Mukesh Ambani, Gautam Adani, Savitri Jindal and two other richest billionaires in India lost about $ 10 billion in their net worth on India’s ‘Black Mande’, which was affected by a large -scale stock market accident.
Five billionaires lost the most funds on Monday, 7 April – – – Mukesh AlfaliGautam Adani, Savitri Jindal, Shiv Nadar and DLF’s Kushal Pal Singh.
According to the list of forbes real time billionaires, he lost a total of $ 9.89 billion.
The economic decline of the global trade war launched by US President Donald Trump’s tariff policies has led to a decline of billionaires in the Dalal Street on Monday amid a large -scale stock market accident.
Registering its worst session in 10 months, the Indian Stock Market Benchmark Sensex ended on Monday at 73,137.90 with a solid loss of 2,227 points or 2.95 percent. Nifty 50 closed at 22,161.60, 742.85 points or 3.24 percent.
Here is a list of five billionaires, who lost the most money due to Monday’s Indian stock market accident, and how much they lost.
Mukesh Alfali
Mukesh Ambani, the chairperson of Reliance Group and Mukesh Ambani, the richest person in India, was the biggest loser on the Black Mande Stock Market Crash. The billionaire saw a drop of $ 2.9 billion in its total assets.
Gautam adani
Gautam adaniJoe is the Chaparson of the Adani Group, and India’s second richest person saw his total assets falling by $ 2.8 billion. Today, after the stock market was closed, Gautam Adani had a total value of $ 57.6 billion according to Forbes.
Savitri jindal
Savitri Jindal and the family were the third largest loser of Monday’s stock market accident. The chairman of Steel, Power, Cement and Infrastructure Major Jindal Group saw his net worth dropped by $ 2.3 billion to $ 33.8 billion.
Kushal Pal Singh
Real Estate Mogul Kushal Pal Singh, who founded DLF, saw a decline of $ 988 million in his assets due to the stock market accident, which affected millions of other investors. By Monday night, Singh’s net value was $ 13.5 billion.
Shiv nadar
HCL Tech co-founder Shiv nadar The fifth person in the list lost the most money on Monday. Nadar’s total assets between bloodbeaths in D-Street declined by $ 902 million. His fate is now $ 31.5 billion, yet he is kept by the fourth richest person in India.
For investors in a terrible day, 30-shyer BSE benchmark Sensx gave 2,226.79 points or 2.95 percent tank to organize 73,137.90. During the day, the benchmark index fell at 3,939.68 points or 5.22 percent, 71,425.01.
Intra-Day, Benchmark fell 1,160.8 points or 5.06 percent to 21,743.65.