Stock Market Crash: Ambani to Adani

The effect of Trump Tariff is worse. The property of Mukesh Ambani, Gautam Adani, Savitri Jindal and family and Shiva Nadar has become very low. The total assets of these four billions were eliminated on Monday by $ 10.3 billion. This means that more than Rs 85,000 crore has been dissolved. The list of Forbes has announced this. Mukesh Ambani suffered the biggest shock. His assets decreased to $ 3.6 billion. Mukesh Ambani’s money fell to $ 87.70 billion.

Gautam Adani Wealth

At the same time, Gautam Adani fell to $ 3 billion. Savitri Jindal and Family Net fell to $ 33.9 billion with a loss of $ 2.2 billion. At the same time, Shiv Nadar faced $ 1.5 billion on Monday. His money is $ 30.90 billion. The stock fell with Trump Tariff. The shares of Hchel Technologies fell more than 3.3 %. This reduced the pure wealth of the company’s founder Shiv Nodar.

Huge fall

The reason for the decline in the net value of billionaires is the performance of the domestic stock markets. Sensex fell 3900 points today. At the same time, the Nifty fell to 22000 after 5 percent collapse on Monday. The Nifty metal fell 8 percent and the Nifty fell more than 7 percent. Auto, realty, oil and gas are below 5 %, the decline in the market makes sense. The small cap fell 10 percent and mid -7.3 percent.

Markets around the world are facing instability due to extreme uncertainty. We have to wait and see how Trump is coming out of this disturbance due to tariff. Experts say that waiting at this level is the best strategy.