adani stocks plummet amid us bribery allegations and market turmoil

The stocks of Adani Group continued to decline today due to bribery allegations against Gautam Adani.

On November 21, the group's listed companies experienced a significant loss in market capitalisation, with Adani Enterprises seeing a 23 percent drop in shares, Adani Green Energy falling by 20 percent, and Adani Energy Solutions facing a 20 percent drop.

Other companies within the group, including Adani Ports, Adani Total Gas, and Ambuja Cements, also experienced sharp declines, leading to a decrease in market value.

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