Rs 2 lakh crore gone! Adani stocks record worst day since Hindenburg crisis
- Posted on November 21, 2024
- By Business News Today
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Rs 2 lakh crore gone! Adani stocks record worst day since Hindenburg crisis
The Adani Group experienced its worst trading day since the Hindenburg controversy, with a $20 billion market cap drop following bribery charges against Gautam Adani and other executives by US prosecutors. Adani's net worth plunged by $10.5 billion, and shares of Adani companies plummeted, impacting bond markets and prompting concern from investors like GQG Partners.