How severe has been 10/8 ??
The personal wealth of the top 3 richest people in India which have crashed during Oct 2008 are given here ..
The market cap of the personal holdings of Mukesh Ambani crashed by $ 50 billion, Anil Ambani by $ 40 billion and DLF's KP Singh by $ 38 billion.
Totally the markets lost about $ 980 billion, (about Rs. 46,00,000 crores) in the crash which saw Bombay Sensex nosedive from 16000 to 8700.
If it falls to below 8000, I will be investing ...
ge..
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