Investors poorer by 57% last year

Pradip Kumar Dey
Posted: Thursday, Jan 01, 2009 at 2301 hrs IST
Updated: Thursday, Jan 01, 2009 at 2301 hrs IST

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Sensex falls 213 pts on FII curb fears Suzlon to sell 35% stake in Belgian firm NSE, BSE to extend trade timings soon Six cos lose over Rs 19k cr in m-cap

Mumbai: A group companies decreased by 66%, or Rs 52 lakh crore, from Rs 78.80 lakh crore on January 1 to Rs 26.77 lakh crore as at the end of 2008. NMDC, Unitech, Jai Corp, Omaxe and Suzlon Energy were major losers. On the other hand, Rei Agro, Hero Honda Motors, Hindustan Uni Lever and GlaxoSmithkline Pharma saw an increase in M-cap.Reliance Industries maintained its first rank, despite losing Rs 2.35 lakh crore in share value. Among public sector stocks, ONGC lost Rs 1.24 lakh crore and NTPC Rs 62,501 crore. SAIL, which lost a whopping Rs 84,157 crore, or 72.4%, and JSW Steel, which shrank 82.6%, were the other losers. ...

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Investors poorer by 57% last year

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