look news india
The election results are slowly becoming clear. No party has got a majority till 11.30 pm. Its effect is clearly visible on the stock market. Both Sensex and Nifty have fallen by more than 5 percent. Big companies are in trouble due to the fall in the stock market amid the election results. Adani Group has suffered huge losses. His company is seeing a decline of more than 18 percent. At the same time, the stock of the country's largest company Reliance Industries is seeing a decline of more than 7 percent. Tata Group's largest company TCS is seeing the least loss here.
Big companies of Adani Group suffered huge losses
- Adani Group companies have suffered huge losses. During the trading session, the market cap of Adani Group was Rs 2.55 crore. A loss of Rs 2,57,453.6 crore has been incurred.
- During the trading session, the market cap of Adani Enterprises, the largest company of the Adani Group, stood at Rs 1.5 crore. There has been a decrease of Rs 41,530.79 crore.
- Adani Port and SEZ shares are also witnessing a huge decline. Its effect is also seen on the market cap. During the trading session, the company has suffered a loss of Rs. 33,719.77 crore.
- Talking about Adani Energy Solutions, the company's stock saw a decline of more than 14 percent during the trading session. Due to which the market cap has lost Rs. 19,331.83 crore.
- Adani Green Energy's market cap has seen the biggest decline of Rs. 59,217.56 crore. The company's shares have seen a decline of more than 18 percent today.
- Adani Total Gas: Total Gas shares have seen a decline of about 19 percent. Due to which the market cap of the company has decreased by Rs. 23,011.23 crores.
- Adani Wilmar shares were down 10 per cent, resulting in a loss of Rs 4,692.87 crore to the company's market cap.
- There is a huge decline in the shares of Adani Group's cement company ACC Limited. Due to which the company has suffered a loss of Rs 5,027.06 crore.
- Due to the fall in the shares of Ambuja Cement, the market cap of the company has come down to Rs 1.55 crore. There has been a loss of Rs 24,753.69 crore.
- The shares of the group's media company have also seen a decline of more than 7 percent and the company's market cap has lost more than Rs 100 crore. There has been a decrease of 265.62 crores.
Big loss to Mukesh Ambani's company!
The stock of the country's largest company Reliance Industries is also witnessing a huge decline. According to data received from BSE, the stock of Reliance Industries is witnessing a decline of 10 percent. During the trading session, the stock of Reliance Industries touched a low of 2731.10 points. Currently, at 12:22 pm, the stock of Reliance Industries is trading at 2761.95 points with a decline of about 9 percent.
Talking about market cap, Reliance Industries has suffered a loss of about Rs 2 lakh crore. According to the data, a day earlier, the market cap of Reliance Industries increased to Rs 20,44,121.82 crore. Whereas during the trading session it was Rs. 18,47,811.70 crore. This means that during intraday, Reliance has suffered a loss of Rs. 1,96,310.12 crore.
The stock market fell by 6000 points
At the same time, the stock market has seen a decline of 8 percent. According to the information, the Bombay Stock Exchange's major index Sensex has fallen by 6000 points and is trading at 70,453.19 points. At the same time, Nifty has seen a decline of more than 1900 points. Due to which the main index of the National Stock Exchange is trading at 21,336.85 points. During trading, Nifty touched a low of 21,312.15 points.
Talking about the loss of investors, a huge decline is also being seen in the market cap of BSE. According to the information, the market cap of BSE has reached Rs 3,82,68,288.24 crore. Whereas a day earlier on Monday, the market cap of BSE was Rs 100. 4,25,91,511.54 crore. This means that investors have suffered a loss of Rs 43,23,223.3 lakh crore.
