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All Adani group stocks tumble in early trade; Sensex tanks by 479.78 points
Updated On: 12 August, 2024 01:08 PM IST | New Delhi | mid-day online correspondent
All 10 Adani group stocks slumped in early trade on Monday, with Adani Energy tumbling 17 per cent, after US short-seller Hindenburg Research alleged that SEBI chairperson, her spouse had undisclosed investments in obscure offshore funds in Bermuda, Mauritius, the same entities allegedly used by Vinod Adani to round-trip funds, inflate stock prices
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Adani Energy Solutions nosedived 17 per cent, Adani Total Gas tanked 13.39 per cent, NDTV plunged 11 per cent and Adani Power dropped 10.94 per cent on BSE. FIle pic
All the 10 Adani Group stocks slumped in early trade on Monday, with Adani Energy tumbling 17 per cent, after the US short-seller Hindenburg Research alleged that Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and her husband had undisclosed investments in obscure offshore funds in Bermuda and Mauritius, the same entities allegedly used by Vinod Adani to round-trip funds and inflate stock prices.
Adani Energy Solutions nosedived 17 per cent, Adani Total Gas tanked 13.39 per cent, NDTV plunged 11 per cent and Adani Power dropped 10.94 per cent on the Bombay Stock Exchange (BSE), news agency PTI reported.
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