Share Market: Bloodbath at the Dalal Street continues as India’s benchmark indices, Sensex and Nifty 50, settle down in red on Monday, March 3, 2025. The Sensex (index with top 30 firms) tumbled 112.16 points to settle at 73,085.94 on Monday. Meanwhile, Nifty50 (index with top 50 firms) was down 5.40 points to settle at 22,119.30 points.
Moreover, Sensex has dropped over 5,300 points since January 1, where Nifty50 dropped over 1,600 points during this period. Also, Foreign Investors withdrew Rs 1,24,627 crore from the Indian equities during the given time period.
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Let's discover how the recent stock market crash impacted the wealth of the India's richest individuals.
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Share Market: How The Drop Impacted The Wealth Of India's Richest?
| Rank (India) | Name | Company/Organization | Net Worth (Billion $) | World Rank | Wealth Drop in a Day ($) |
|---|---|---|---|---|---|
| 1 | Mukesh Ambani | Reliance Industries | 83.8 | 17 | -1.21 billion |
| 2 | Gautam Adani | Adani Group | 63 | 22 | -1.79 billion |
| 3 | Shiv Nadar | HCL Technologies | 36.2 | 47 | -1.13 billion |
| 4 | Shapoor Mistry | Tata Sons | 33.3 | 51 | -1.10 billion |
| 5 | Azim Premji | Wipro | 28.1 | 65 | -1.44 billion |
| 6 | Savitri Jindal | O.P. Jindal Group | 27.8 | 67 | -502 million |
| 7 | Dilip Shanghvi | Sun Pharmaceutical Industries | 24.2 | 77 | -933 million |
| 8 | Sunil Mittal | Bharti Airtel | 22.5 | 87 | -1.28 billion |
| 9 | Laxmi Mittal | ArcelorMittal | 21.4 | 95 | -294 million |
| 10 | Kumar Manglam Birla | Aditya Birla Group | 17.5 | 120 | -203 million |
Source: Bloomberg Billionaires Index
Notably, on Monday, March 4, 18 out of 30 Sensex constituents ended in the green, while the 12 Sensex stocks closed in the red. Reliance Industries and Adani Ports stocks witnessed the decline on Monday. Moreover, CNBC-TV18 quoted Biju Samuel of Elara Capital as saying that the Nifty50 on the National Stock Exchange (NSE) to fall another 2,500 points to the levels of 20,000 or even below.
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