Adani Bribery Case | Adani Stocks Tumble: The Big Bribery Allegations Behind The Crash

#briberycharges #adanifraud #adanigroup #adanistocks #adanigreen
Gautam Adani-led Group stocks bled up to 20 per cent during the trading session on Thursday with a number of these high beta counters hitting lower circuits for the day. Amid this sharp selloff, investors of 10-listed Adani Group counters lost more than as much as Rs 2.60 lakh crore at the opening tick.Adani stocks were tumbling sharply lower on Thursday after US prosecutors indicted billionaire Gautam Adani and seven other senior business executives in connection with an alleged $250 million bribery scheme that they said was concealed from US investors. The total market capitalization of all 10-listed Adani Group companies tumbled to Rs 11,91,557.79 crore on Thursday, which stood at Rs 11,63,713.61 lakh crore on Tuesday. It means the investors lost about Rs 2.60 lakh crore in the early session.

#adanipower #adaniports #businessnews #stockmarketcrash #gautamadani #pmmodi #adanienterprises #stockmarket #investorsalert
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