The outbreak of coronavirus is increasing so much that its effect is being seen in all the sectors of the world. Along with this, on the third trading day of the week i.e. Thursday, the stock market recorded the biggest decline in history, while this decline is also recorded because investors are searching for a safe place to invest, due to which the stock market The decline is being recorded. Along with this, the impact of the fall in the market is also being seen on India's richest person Mukesh Ambani. Reliance's stock reached the lowest level of 52 weeks today.
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Reliance shares closed at 1063 on Thursday, though it had reached 1048 during trading. On 27 December 2019, Reliance's stock stood at Rs 1537 on the last trading day of the year, along with the stock at an interval of 70 days. The price dropped to 1063. The share price has dropped by about Rs 475. Thus Reliance shares have fallen by about 30 percent.
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The fall in the stock market has also had an impact on Mukesh Ambani's assets. With this, there has been a loss of about $ 15.20 billion (1.11 lakh crore) in his assets in a span of 70 days. The crown of Asia's richest has also been snatched away from Ambani's head. The crown of being the richest person in Asia now belongs to Jack Ma, the founder of Alibaba. Apart from this, on March 11, Jack Ma was ranked 18th in the Bloomberg Billionaires Index on the list of world's wealthiest people, while Mukesh Ambani came in 19th place.
