Market slide hits Dalal Street’s richest: Big investors see portfolio erosion; few outliers buck the trend–check detail
Indian
investors saw their portfolios shrink in the July-September quarter.
A market downturn impacted most major investors, leading to substantial mark-to-market losses.
Nemish Shah emerged as a notable gainer, increasing his portfolio value significantly.
Other investors like Vijay Kedia and Madhusudan Kela reported modest gains.
The late Rakesh Jhunjhunwala’s family holdings also saw a decline.