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StockYard ( SEBI RA )

16th Mar · SEBI-Registered Analyst

💰 Indian Billionaires Lose Wealth Amid 2026 Market Sell-Off

Billionaires from sectors like IT, real estate and aviation have been among the hardest hit during the recent correction in Indian markets in 2026. In the IT sector, Azim Premji (Wipro) and Shiv Nadar (HCLTech) saw notable declines in their net worth. Real estate leaders KP Singh (DLF) and Mangal Prabhat Lodha (Macrotech Developers) also faced sharp wealth erosion. In aviation, Rahul Bhatia (IndiGo) was impacted as rising crude oil prices increased pressure on airline stocks. KP Singh saw the biggest drop, with his wealth falling over 23% to around $11 billion, followed by Azim Premji and Ravi Jaipuria with about 21% declines. #MarketSellOff #IndianBillionaires #StockMarketIndia #WealthDecline #MarketCorrection

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