Adani Group loses nearly US$55bil in market rout

Adani Enterprises has lost more than 20% of its market capitalisation since the indictment was released. — AFP

New Delhi: India’s Adani Group conglomerate says it has lost almost US$55bil in a stock market rout since US prosecutors last week accused its founder and other officials of fraud.

The Nov 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading international investors as part of a bribery scheme.

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AdaniGroup , MarketCrash , FraudAllegations , StockMarketLoss , BriberyCharges , CorporateScandal , GlobalRepercussions

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  • SymbolOpenHighLowLastChg%ChgVol ('00)
    HSI-PWD1 0.210 0.210 0.195 0.200 -0.020-9.092,429,041
    HSI-CWEJ 0.160 0.170 0.160 0.165 0.0106.452,311,283
    HSI-CWEO 0.145 0.155 0.140 0.145 0.0000.002,290,449
    HSI-PWD7 0.225 0.235 0.215 0.225 -0.025-10.002,235,663
    HSI-CWCY 0.165 0.170 0.155 0.160 0.0053.23972,203
    CLITE 0.230 0.240 0.220 0.230 -0.020-8.00704,818
    HSI-PWFM 0.140 0.155 0.135 0.155 0.0106.90704,107
    HSI-CWCM 0.160 0.170 0.145 0.160 0.01510.34588,593
    XIAOMI-C36 0.220 0.220 0.215 0.220 0.0052.33549,028
    HSI-PWFJ 0.205 0.210 0.195 0.205 -0.005-2.38500,007
    RENEUCO 0.050 0.060 0.045 0.045 -0.005-10.00359,345
    PBBANK 4.440 4.500 4.430 4.470 0.0300.68287,867
    PERTAMA 0.155 0.155 0.125 0.135 -0.020-12.90287,742
    DENGKIL 0.230 0.250 0.225 0.245 0.0156.52279,888
    BORNOIL-WE 0.005 0.005 0.005 0.005 0.0000.00242,700

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