Gautam Adani’s Statement Fails To Calm Investors, Group's Market Cap Down Over $100 Billion

Latest Updates: The Adani Group faced another disastrous day on the stock market as shares of its listed companies continued their downward spiral, despite a statement by the conglomerate’s billionaire owner Gautam Adani to calm investors.

His statement came a day after the conglomerate announced that it had shelved the Rs 20,000 crore share sale amid increased market volatility. However, shares of Adani Group companies continued to plummet, with most hitting their lower circuit.
#AdaniGroup #AdaniStocks #adanistocks

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