were the worst performers on the Nifty 50, plunging more than 20% each.$2.45 billion follow-on public offering"The selloff is seriously extreme in the sense that day before yesterday Adani Group stocks saw a huge fall in market cap and today the same kind of episode is repeated," said Saurabh Jain, assistant vice-president, research, SMC Global Securities.
"It has clearly dented overall investor sentiment. The nervousness has led to a fall in stocks across the board. When a selloff of this kind of magnitude is seen in a very short span of time, investors sell other stocks where they are in the money."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
its going to hurt lot of people invested in this crook AdaniOnline but hope and pray these m0f0s end up paying for their crimes.