India’s wealthiest investors face portfolio losses amid market decline in March quarter

Stock market weakness impacted the portfolios of India’s top investors in the March quarter. Rekha Jhunjhunwala, Mukul Agrawal, and others saw significant declines. Portfolio values decreased between 5% and 31%. Madhusudan Kela and Ashish Dhawan’s portfolios were relatively stable. Few major investors made fresh purchases exceeding 1% during this period. The data reflects a challenging quarter for prominent individual investors.

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