Gautam Adani’s troubles are not reducing, after the new revelations, there is a huge fall in the shares of the companies of the group.
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Heavy fall in shares
The shares of Adani Group had crashed as soon as the market opened today. Shares of all the ten listed companies of the group have seen a huge decline throughout the day. In this morning, the maximum decline of 4.6 percent has come in Adani Power. Shares of the group’s flagship company Adani Enterprises closed at Rs 2,425 on the NSE, down more than three per cent. On the other hand, Adani Wilmar closed at Rs 358.95, down more than two per cent.
On the other hand, Adani Total Gas (Adani Total Gas) Rs 637.70, Adani Transmission (Adani Transmission) Rs 811.65, Adani Green Energy (Adani Green Energy) Rs 934, Adani Ports and SEZ (APSEZ) with a decline of more than three percent Rs 792.90, NDTV closed at Rs 214.95, Ambuja Cements at Rs 428 and ACC at Rs 2,015.25.
Such was the condition of the stock market
The initial rally in the stock market could not be sustained on Wednesday and both the benchmark indices BSE Sensex and NSE Nifty closed almost flat. The weak trend at the global level has affected the stock market. The thirty-share BSE Sensex closed at 65,087.25 points with a gain of 11.43 points, or 0.02 percent. Similarly, the 50-share National Stock Exchange’s Nifty also closed at 19,347.45 points with a marginal gain of 4.80 points, or 0.02 percent. Asian markets were mixed, while most major European bourses declined in early trade. Jio Financial Services, Tata Steel, Maruti Suzuki, Mahindra & Mahindra and Infosys were major gainers in the Sensex pack.
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