The iShares MSCI India exchange-traded fund sank 2.2% in afternoon trading Wednesday, putting it on track for the lowest close since July 18, 2022, amid plunges in shares of some Adani-named companies. The biggest loser was coal and power trader Adani Enterprise Ltd.’s stock IN:512599, which plummeted 28.5% in India trading, followed by shares of ports operator Adani Ports & Special Economic Zone Ltd. IN:532921, which slumped 19.7%.
2% in afternoon trading Wednesday, putting it on track for the lowest close since July 18, 2022, amid plunges in shares of some Adani-named companies. The biggest loser was coal and power trader Adani Enterprise Ltd.’s stock 512599 , which plummeted 28.5% in India trading, followed by shares of ports operator Adani Ports & Special Economic Zone Ltd. 532921 , which slumped 19.7%.
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Breakingviews - Adani re-ups India’s emerging market riskIndia is making its way onto global investors’ maps. How the country’s financial authorities tackle the $65 billion selloff at Gautam Adani’s eponymous infrastructure empire following a short-selling attack may determine how soon the country establishes itself as a reliable investment destination. One think understood well. We gonna take over on population soon
منبع: Reuters - 🏆 2. / 97 ادامه مطلب »
Breakingviews - Breakingviews: Adani re-ups India’s emerging market riskIndia is making its way onto global investors’ maps. How the country’s financial authorities tackle the $65 billion selloff at Gautam Adani’s eponymous infrastructure empire following a short-selling attack may determine how soon the country establishes itself as a reliable investment destination.
منبع: Breakingviews - 🏆 470. / 51 ادامه مطلب »
Who is Mukesh Ambani? He is now Asia’s richest person after Adani stocks tumbleMukesh Ambani overtook Gautam Adani as India’s richest man on Wednesday as the fallout from a short seller report into the Adani Group continues to erase...
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »