Gautam Adani lost more than 1 lakh crore in a week due to FPI news

Gautam Adani’s net worth has fallen drastically due to the beating of the shares of Adani Group in the stock market. Due to a news about FPIs investing in Adani Group, many shares of Adani Group continued to feel lower circuit throughout the week.

Due to the tremendous beating of the shares of Adani Group, the net worth of its chief Gautam Adani has fallen drastically by $ 14.1 billion or about Rs 1,04,543 crore in a week. Gautam Adani’s Adani Group saw a sharp decline throughout this week due to a news about Foreign Portfolio Investors (FPIs) investing in Adani Group.

When the stock market closed on Friday of last week, Gautam Adani’s net worth was $ 77 billion (about Rs 5,70,909 crore) according to the Bloomberg Billionaires Index. But after the close of the stock market on Friday this week, Gautam Adani’s net worth has come down to $ 62.9 billion (about Rs 4,66,366 crore). Gautam Adani’s net worth has fallen drastically due to the beating of Adani’s shares in the stock market.


Gautam Adani’s Adani Group’s shares were heavily beaten in this entire week. From Monday to Friday, the condition of the shares of Adani Group was bad.

On Monday, it was reported that the National Securities Depository Limited (NSDL) has frozen the accounts of three foreign funds. These funds have invested Rs 43,500 crore in Adani Group companies. Due to this, the shares of Adani group companies started diving on Monday.

Lower circuit in many stocks
On Monday afternoon, the Adani Group issued a statement regarding this saying that this news is completely baseless. NSDL also denied this. But that didn’t stop the Adani Group’s shares from falling.

Throughout the week, several shares of the Adani Group continued to feel lower circuit. Shares of Adani Ports and Special Economic Zone lost Rs 144 in a week. Adani Enterprises lost Rs 112, Transmission lost Rs 362 in a week. Adani Power lost Rs 34, Adani Total Gas by Rs 367 and Adani Green Energy by Rs 164 in a week.

Gautam Adani is no longer the second richest man in Asia. He has slipped on this position on Wednesday and has reached the third place. Rather, it has slipped to the third place. Due to this huge decline, Chinese businessman Zhong Shanshan has again become the second richest person in Asia.

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