Adani Group Stocks Fall Up to 7%

Rs 53,000 crore loss as shares fall up to 7% after Hindenburg controversy resurfaces.

Adani Group shares drop amid allegations against Sebi chief Madhabi Buch. Combined market capitalization falls to Rs 16.7 lakh crore.

Key Highlights

Adani Green Energy: Down 7% Adani Total Gas: Down 5% Adani Power: Down 4% Adani Wilmar, Adani Energy Solutions, Adani Enterprises: Down 3%

Adani Stocks Hit Hard

Adani Enterprises: Major loser in Nifty index. Adani Ports: Down 2%, second biggest loser on Nifty.

Adani Enterprises & Adani Ports

Allegations against Sebi chief Buch and her husband's offshore stakes. Opposition demands resignation and further probe.

Hindenburg vs Adani

Buch denies allegations; Sebi assures transparency. Ongoing investigations nearing completion.

Sebi’s Response

Analysts dismiss the report as "sensationalism." Advise caution but expect limited long-term impact.

Market Analysts Weigh In

Sensex slightly down by 400 points.  Heavyweights like ICICI Bank and RIL lead the downside.

Broader Market Impact