Mumbai: Despite a muted broader market, Adani group’s stocks continued to slide in Wednesday’s session as investors weighed in the negative impact of the latest Hindenburg Research‘s report that alleged that Sebi chairperson had investments in the same offshore fund that was used by a Adani family member to jack up stock prices. However, the impact of the report was not as severe as the first one.Adani group and Sebi chief had denied all of Hindenburg’s allegations.
Of the 11 Adani group’s stocks, Adani Wilmar and Adani Power both were down 2.2% each, and Adani Enterprises lost 1.7%. ddb dvs