Affluent investors too feel the pinch as markets turn wobbly from lofty highs
According to data from primeinfobase.com, the value of the portfolios of Radhakishan Damani, Rakesh Jhunjhunwala's family, Ashish Dhawan and Nemish Shah, among others, fell amid the 10% decline in the Nifty since Sept 27.
The holdings of individual investors Ashish Kacholia and Mukul Agrawal along with Yusuffali Abdul Kader of Lulu Group bucked the broader weak trend. D-Mart founder Damani saw his portfolio rise by 8.2% to Rs 2.31 lakh cr while Jhunjhunwala family’s portfolio rose 10.7% to Rs 55,848 cr in the Sept quarter.
The value of veteran investment banker Hemendra Kothari's portfolio climbed by 7.1% to Rs 8,950 cr, and Mukul Agarwal’s portfolio surged 13% to Rs 6,258 cr.
Nifty rose around 5% in the Sept quarter while Nifty Midcap 150 and Nifty Smallcap 250 surged 7% and 8% respectively. The portfolios have been calculated based on shareholding in listed companies, where they hold at least a 1% stake.
Stock Trading
Algo Trading Made Easy
By — Vivek Gadodia, Partner at Dravyaniti Consulting and RBT Algo Systems
Stock Trading
Candlesticks Made Easy: Candlestick Pattern Course
By — elearnmarkets, Financial Education by StockEdge
Stock Trading
Options Trading Course For Beginners
By — Chetan Panchamia, Options Trader
Stock Trading
Introduction to Technical Analysis & Candlestick Theory
By — Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert
Stock Trading
Derivative Analytics Made Easy
By — Vivek Bajaj, Co Founder- Stockedge and Elearnmarkets
Stock Trading
Heikin Ashi Trading Tactics: Master the Art of
