Bad start: How much money have Indian billionaires lost in the first month of the new year?

Business Standard takes a looks at how much money have Indian billionaires lost in the first month of the new year?

Image
Debarghya Sanyal New Delhi
Last Updated : Jan 21 2016 | 5:38 PM IST
Market benchmark Sensex has cracked below the 24,000-mark after over 20 months, bogged down by persistent selling in Asian shares and unprecedented fall in crude oil prices. The selling has been persisent since the beginning of the year, and investors have lost a lot of money even in large-cap shares. For example, on January 19 , 2015, alone investors’ wealth in all listed companies on BSE was wiped off by Rs. 1.84 trillion. Business Standard takes a looks at how much money have Indian billionaires lost in the first month of the new year?


*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 21 2016 | 4:35 PM IST

Next Story