BJP did not get majority, stock market collapsed
BJP did not get majority, stock market collapsed Gautam adani lost 2079412695000 crores in one dayThe results of the lok sabha elections have come. The stock market fell rapidly due to no party getting majority in the results. In such a situation, gautam adani suffered a loss of 20 thousand crores in one day.The results of the lok sabha elections have come. No party got majority in the results. Its effect was seen on the stock market during Tuesday's trading session. Many stocks froze. adani Group's shares crashed. Investors have lost Rs 30 lakh crore amid the biggest decline in the market in four years. adani Group has suffered a setback of 20 thousand crores.20 thousand crores collapsed in one goWhen the market rose after the exit polls, adani was among the top billionaires in the world. With this rise, adani Group had a profit of $ 11 billion on Monday. But as soon as the results came on Tuesday, they suffered a loss of about Rs 207941 crore. gautam Adani's status also increased due to the rise in the market and he climbed to number 11 in the list of billionaires around the world. But now according to the Bloomberg Billionaire Index, Adani's total wealth is now $ 97.5 billion. He has slipped 3 places to 15th position in the ranking of billionaires.The reason for the decline in Adani's wealth and status is the big fall in the shares of his companies. adani Green Energy fell 20 percent on Tuesday, while adani Power fell 17.55 percent. Similarly, adani Enterprises fell 19.07 percent, adani Port 21.40 percent and adani Total Gas 18.53 percent. adani Wilmar's stock has seen the least decline of 10 percent. adani Group shares adani Energy Solution, ACC, NDTV and Ambuja Cement also saw a sharp decline.