There is a decline in the stock market in the last several days. This decline has not harmed only the retail investors of the stock market. Rather, some investors called Big Bulls of the country have also suffered a big loss. Radhakishan Damani had to bear the most damage. He has suffered a loss of Rs 64 lakh crore since October 1. Rakesh Jhunjhunwala’s portfolio has suffered a loss of about 19 percent. Similarly, the top 10 investors of the country have suffered a loss of 81 thousand crore rupees. Let us also tell you how much Big Bull of the country has suffered.

Loss of up to 30 percent in 5 months

In the last five months, fast selling in Indian equity has not spared many big bulls. Some well-known individual investors of the country have suffered the huge fall in share prices-mainly small companies-their equity portfolio prices have fallen by 25 per cent from January 1 and about 30 per cent from 1 October from 1 October. . From October 1, the top 10 Big Bulls have lost about Rs 81,000 crore in total. However, some have been successful in reducing some losses.

The biggest loss to Damani

According to the data from primeinfobase.com, the value of Deeram’s founder Radhakishan Damani’s share has come down by Rs 64,000 crore or 28 per cent from October 1, which has fallen from Rs 2.31 lakh crore to Rs 1.67 lakh crore. The shares of Damani’s leading company Avenue Supermarts have fallen by 27 per cent, while their second largest investment Trent shares have seen a 32 per cent decline during this period. The Nifty has fallen by 11 per cent from October 1, while the Nifty Midcap 150 and the Nifty Smallcap indices have fallen by 17 per cent and 22 per cent respectively, between the foreign portfolio investors (FPIs) selling Indian equity worth more than Rs 2.5 lakh crore. Many smallcaps and penny stocks have fallen between 30 percent to 80 percent.

These big investors suffered a big loss

They also suffered thick losses

1. The family portfolio of late Rakesh Jhunjhunwala declined by 19 per cent from October 1, except for Listed Inventurus Knowledge Solutions, which holds a 49.54 per cent stake of Rs 14,400 crore. The total portfolio value of the family, including this holding, was about Rs 59,709 crore.
2. Since October, Akash Bhanushali’s portfolio has fallen by 16 per cent, with a loss of 13 per cent to Gujarat Fluorochemicals, while his second largest investment, One 97 Communications (Paytm’s original company) has 5 per cent during this period. Has gained an edge
3. The property of Former Investment Banker -turned -entrepreneurs Hemendra Kothari has seen a decline of 29 per cent from listed companies. His two top holdings- Alkile Emines Chemicals and Sonata Software- have fallen by 28 per cent and 33 per cent respectively from October 1.

They reduced the loss

On the other hand, there were a total of Big Bulls who managed to reduce their loss even in this decline. Some investors like Mukul Aggarwal, Ashish Kacholia and Yusufali Kadar have also faced this storm in the stock market and have managed to limit their deficit to single digit. Mukul Aggarwal of Param Capital saw a 6 per cent decline in his portfolio, with a 40 per cent increase in BSE shares from 1 October. His other two top holdings, Newland Laboratories and Radico Khaitan, were flat during this period.