Even after the remarkable recovery, virtually the who's who of the richie rich club of India Inc ended the day losing a few bucks, but Mukesh Ambani - whose flagship firm Reliance Industries [Get Quote] was among the top gainers of the day.

But luck did not ride with the younger Ambani, Anil, whose group firm Reliance Energy [Get Quote] earned the dubious distinction of becoming the biggest loser among the Sensex companies today.

While Reliance Energy shaved off 7 per cent of its market capitalisation in a turbulent market, fellow group company Reliance Communications [Get Quote] lost over three per cent. In the process, Anil Ambani's wealth eroded by about Rs 5,500 crore (Rs 55 billion) - which is more than double of what Mukesh earned.

Mukesh Ambani personally overcame an early morning loss of Rs 32,000 crore (Rs 320 billion) in terms of shares he owns in the group companies, but Anil could not fully recover from the initial erosion of over Rs 27,300 crore (Rs 273 billion).

Cumulatively, the top five richest Indians ended the day losing just about less than Rs 7,000 crore (Rs 70 billion) in a day that saw them recovering close to Rs 90,000 crore (Rs 900 billion).

When the market tanked 1,744-points within minutes of opening, the value of shares held by the five richest - Mukesh and Anil Ambani, K P Singh, Sunil Mittal and Azim Premji - had eroded by about Rs 95,000 crore (Rs 950 billion) before they capped it.

Besides Anil, K P Singh was left poorer by about Rs 3,400 crore (Rs 34 billion), while Mittal and Premji lost about Rs 450 crore (Rs 4.5 billion) and Rs 40 crore (Rs 400 million) respectively at the end of the day.

Earlier in the day, Singh had lost over Rs 22,000 crore (Rs 220 billion), Mittal over Rs 10,000 crore (Rs 100 billion) and wealth of Premji had tanked by about Rs 3,400 crore (Rs 34 billion).

However, things started improving when market reopened after a one-hour break and shares of some of the companies headed by members of this elite club ended in positive after recovering from the initial losses of up to 20 per cent.

Loss in total investors' wealth, measured in terms of cumulative market capitalisation of all the listed companies, stood arrested at Rs 1,01,674 crore (Rs 1016.74 billion) as against the morning's erosion of around Rs 5 trillion.

The 30-share Sensex blue chips accounted for nearly half of the total loss at about Rs 50,000 crore (Rs 500 billion), down from close to Rs 3 trillion during the initial minutes of trading before trading was halted on bourses.

The collective wealth of five richest Indians, based on their promoter shareholdings in various group companies, stood at about Rs 6,57,000 crore (Rs 6570 billion), down from about Rs 6,64,000 crore (Rs 6640 billion) at Tuesday's closing levels.