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Ambani bros lose Rs 1 lakh cr wealth in single day
Published on Mon, Jan 21 at 17:00 , Updated at Tue, Jan 22 at 09:51
Source : moneycontrol.com
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It was worst trading session in the history of Indian equity market in terms absolute fall of points as the Indian benchmark indices BSE Sensex plunged 1356 points or 7% and Nifty tumbled 491 points or 8.61%. In this slaughter trade outstanding wealth creator Reliance group, be it the Mukesh Ambani camp or Anil Dhirubhai Ambani Group (ADAG) companies have also shed off significant market cap. Mukesh Ambani's Group Reliance Petroleum and Anil Ambani’s (ADAG)Reliance Natural Resources were saw nasty fall in today's trade, they dropped down 17.53% and 23.21% respectively. In today’s trade Mukesh Ambani's Group companies have lost Rs 53753.08 crore of market cap and Anil Ambani’s ADAG have lost Rs 45,607.18 crore. If we consider the combined market cap then they have together lost Rs 99,360.26 crore in a single day compared with yesterday's close.
Note : versus previous close, # Rs crore | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Nifty may not see 4000 mark again !!!!
Dear Joe, the kind of synchronization, timing & co-ordination was applied in all these blasts certainly pointing to...
in Market Outlook - Short Term - aavinay at 27-Jul-08 03:03
Nifty may not see 4000 mark again !!!!
Some more data... Chronology - Major bomb blasts in India --------------------------------------- Press Trus...
in Market Outlook - Short Term - BullSheetRules at 27-Jul-08 02:50