Adani Group experiences major stock drop after US court ruling


Adani Group stocks have plummeted due to a US court indictment, resulting in a significant market cap reduction of 2.6 lakh crore. All ten listed stocks in the group were in the red, with a noticeable 10 to 20% decrease at opening. Adani Enterprises, the flagship company, recorded a market cap loss of 61,000 crore rupees. The group’s overall market cap now stands at 11.63 lakh crore, down from 11.91 lakh crore. Adani Ports also faced a 20% decrease.



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