Rekha Jhunjhunwala’s shares fell by 24%
Rekha Jhunjhunwala Portfolio: Since reaching the lifetime high on September 27, the stock market has been witnessing a huge decline continuously. On September 27, Sensex closed at 85,978.25 points, while on the other hand, Nifty 50 also closed at its all-time high of 26,277.35 points. Whereas despite the gain on Tuesday, November 19, the Sensex is at 77,578.38 points and the Nifty is at 23,518.50 points. The stock market has fallen by about 10 percent from its record high. The portfolios of big giants were ruined in this fall. From this, it can be clearly estimated what will be the condition of common investors in this decline.
Rekha Jhunjhunwala’s shares fell by 24%
Amidst this decline, the value of the portfolio of the country’s leading investor Rekha Jhunjhunwala has registered a decline of thousands of crores of rupees. The shares in Rekha’s portfolio have seen a decline of 6 to 24 percent. Since reaching the top of the market till now, Rekha Jhunjhunwala’s portfolio has fallen by a total of 13 percent. Whereas during this period the market has declined by 10 percent. According to Trendline data, the total value of Rekha Jhunjhunwala’s portfolio at the end of September was around Rs 55,096 crore, which has fallen to Rs 40,083 crore on November 19.
Portfolio value fell by Rs 15,013 crore
That is, since the beginning of the market decline till now, the value of Rekha Jhunjhunwala’s portfolio has declined by Rs 15,013 crore. The reason for this huge loss in the portfolio of the veteran investor is the terrible fall in the shares of Titan and Tata Motors. Actually, Rekha Jhunjhunwala holds about 5.1 percent stake in Titan and she has 1.3 percent stake in Tata Motors. Since the beginning of the market decline, Titan shares have fallen by 15.80 percent while Tata Motors shares have fallen by 20 percent.
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