Benchmark indices Nifty and Sensex fell sharply on November 21, with the Sensex down 422.59 points and the Nifty down 168.60 points, amid concerns over bribery charges against Gautam Adani. The allegations, which involve bribing Indian officials for solar energy contracts, led to a significant sell-off in Adani Group stocks, causing a loss of Rs 2.2 lakh crore in market capitalization. The negative sentiment affected various sectors, particularly public sector banks, as 2,606 shares declined against 1,179 that advanced.
