The Rakesh Jhunjhunwala & Rekha Jhunjhunwala family known for their massive stock market investments has faced a significant blow due to the recent market correction. Since the end of the September quarter their portfolio has fallen by 13% exceeding the broader market decline of approximately 10% in the Sensex and Nifty. This decline has left retail investors anxious and even seasoned investors like Rekha Jhunjhunwala have not been spared.
Stock Market Fall
The stock market reached a record high in late September with the Nifty scaling 26277 points. However it has since corrected by nearly 10% impacting portfolios across the board. New investors who entered the market within the last year to 18 months are among the worst hit with their capital shrinking significantly.
Rekha Jhunjhunwala’s Portfolio Hit Hard
Rekha Jhunjhunwala wife of the late Rakesh Jhunjhunwala one of India’s most prominent investors has seen her portfolio suffer substantial losses. Despite the extensive research and careful selection of fundamentally strong companies her holdings have not been immune to the market downturn.

As of November 19 2024 the value of the Jhunjhunwala familys stock portfolio stood at ₹40082.90 crore down from ₹55095.90 crore at the end of the September quarter. This marks a decline of around ₹15013 crore in just 51 days equivalent to a 13% drop.
Share Market Performance 
The top five stocks in Rekha Jhunjhunwala’s portfolio including Titan Limited Concord Biotech Star Health and Allied Insurance Tata Motors and Metro Brands have all experienced sharp declines ranging from 6% to 24%:

Titan Limited:

Shareholding: 5.1%

Value (30 Sept): ₹14741 crore

Decline: 15.8% since September 30.

Tata Motors:

Shareholding: 1.3%

Value (30 Sept): ₹3741.4 crore

Decline: 20% since September 30.

Concord Biotech Star Health and Metro Brands:

Each has seen losses ranging from 6% to 24% contributing to the overall portfolio erosion.
Titan and Tata Motors: The Biggest Setbacks
The two largest contributors to the portfolio’s decline are:

Titan Limited: A core holding which dropped by nearly 16% wiping out a significant chunk of its valuation.
Tata Motors: A sharp 20% correction in this stock further compounded the losses for the Jhunjhunwala family.