Adani Shares Lose $15 Billion as Closing Auction Fuels Swings
Adani Group companies on Monday erased 1.4 trillion rupees ($15 billion) in market value, the most in about 21 months, as India’s closing auction drove sharp swings during a scheduled...
By Ashutosh Joshi and Samie Modak · Bloomberg Markets
Adani Group companies on Monday erased 1.4 trillion rupees ($15 billion) in market value, the most in about 21 months, as India’s closing auction drove sharp swings during a scheduled MSCI Inc. index rebalancing.