The impact of the ongoing war between Iran and Israel was visible on the Indian stock market on Thursday, the last trading day, and there was a big drop in Sensex-Nifty. On one hand, the Sensex closed down by 1770 points, while the Nifty was down by 546 points. Meanwhile, a big drop was seen in the shares of companies from Mukesh Ambani’s Reliance to Adani Group. Due to this, the ranking of Mukesh Ambani-Gautam Adani in the list of rich has also been affected. Let us know how much the wealth of both the Indian billionaires has fallen.
Sensex slipped 1770 points in the stock market, while Nifty slipped 546 points
First of all, let us talk about the earthquake in the stock market on Thursday, the last trading day. So let us tell you that the effect of tension in the Middle East amid the war between Iran and Israel was clearly visible on the stock market. BSE Sensex opened at 83,270 level, down 995 points from its previous close of 84,266, and then at the market close, it closed at 82,497.10 level, down 1769.19 points or 2.10%. Due to this fall, the market cap of BSE (BSE MCap Fall) fell by more than Rs 10 lakh crore. NSE Nifty also slipped 546.56 points or 2.12% to close at 25,250 level.
Mukesh Ambani’s wealth decreased so much
Amid the fall in the market, the share of Mukesh Ambani’s company Reliance Industries (Reliance Share) fell badly and it closed at 2813.95 level, down 3.95%. Due to the fall in the share, Reliance’s market cap also decreased to Rs 19.05 lakh crore. Its effect was also seen on Mukesh Ambani’s net worth. According to the Bloomberg Billionaires Index, the Reliance Chairman’s net worth has decreased by $ 4.29 billion or about Rs 36000 crore in the last 24 hours.
Ambani reached here due to a decrease in net worth
This was the second consecutive time this week that RIL Share has slipped. Earlier on September 30, it had registered a decline of more than 3 percent. This decline in Mukesh Ambani’s Net Worth has also affected his ranking. In fact, after a decrease of more than Rs 36 thousand crore, now Mukesh Ambani’s total wealth has come down to $ 107 billion and with this figure, he has come down two places in the list of top billionaires of the world. Mukesh Ambani is now the 14th richest person on the list of rich people.
Gautam Adani also got a big blow
Along with Reliance, the shares of Adani Group’s listed companies were also seen floating in the stock market tsunami. Adani Green Energy Share slipped 4.09% to close at Rs 1807.80, while Adani Port’s stock fell by about 3 percent and closed at Rs 1426.05. Due to the fall in stocks, Gautam Adani’s net worth decreased by $ 2.93 billion or about Rs 24,600 crore to $ 100 billion and he slipped from 14th position to 17th position.
Also Read – Gautam Adani vs Mukesh Ambani – Who Will Be Asia’s Richest Again?
