Adani

2023 - 1 - 27

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Image courtesy of "Business Today"

MSCI seeks feedback on Adani Group over Hindenburg Research's ... (Business Today)

It is to be noted that all Adani group stocks, barring Adani Wilmar, are in the MSCI Global Standard Index and also FTSE Indices.

In total, m-cap of 10 [Adani group stocks](https://www.businesstoday.in/markets/stocks/story/lic-loses-rs-18000-crore-in-just-2-days-as-adani-group-stocks-crash-full-details-367838-2023-01-27) have fallen 12 per cent to Rs 16.83 lakh crore from Rs 19.20 lakh crore as on January 24. The Hindenburg report came at a time when the conglomerate planned a large scheduled fundraising attempt, in which it sought to raise a big amount of Rs 20,000-cr from investors to fund capital expenditure and reduce debt. [Adani Total Gas,](https://www.businesstoday.in/markets/stocks/story/adani-power-adani-green-adani-total-gas-7-adani-group-stocks-fall-up-to-52-from-52-week-highs-367776-2023-01-27) the most vauled group stock, saw its m-cap falling by Rs 76,000 crore in two days; Adani Transmission saw its m-cap plunging by Rs 63,700 crore. [Rs 2.37 lakh crore](https://www.businesstoday.in/markets/company-stock/story/hindenburg-impact-10-adani-group-stocks-lose-rs-237-lakh-cr-in-market-value-in-2-days-367742-2023-01-27) was wiped off from the group market capitalisation in a span of just two days. [Adani group](https://www.businesstoday.in/visualstories/corporates/rajesh-adani-vinod-adani-the-adani-family-members-in-the-eye-of-hindenburg-storm-19859-28-01-2023) stocks, barring Adani Wilmar, are in the MSCI Global Standard Index and also FTSE Indices. US-based short seller Hindenburg Research on Wednesday released a scathing report that accused the Adani Group of market manipulation and accounting fraud.

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Image courtesy of "Hindustan Times"

LIC, SBI savings at risk amid Hindenburg vs Adani? Here's what ... (Hindustan Times)

The selloff in Gautam Adani's corporate empire accelerated on Friday, erasing more than $51 billion of market value in two sessions as Asia's richest man ...

"If Adani is serious, it should also file suit in the US," the firm said in a statement. The ports-to-energy conglomerate said it was exploring legal action against Hindenburg Research calling the report "maliciously mischievous". "These institutions have liberally financed the Adani Group even as their private sector counterparts have chosen to avoid investing because of concerns over corporate governance and indebtedness. Meanwhile, LIC remains undeterred by the fraud allegations and is plowing more money into Adani’s flagship unit. RBI allows for no more than 25% of a bank's available eligible capital base to be exposed to any one group of connected companies. "Our exposure to the Adani Group is below the large exposure framework of the Reserve Bank of India," Reuters quoted an unnamed executive at the Bank of India as saying.

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Image courtesy of "Livemint"

LIC loses ₹16580 crore in these 5 Adani shares in two days | Mint (Livemint)

The Life Insurance Corporation (LIC) of India is one such domestic institutional investor (DII), which has huge shareholding in Adani group stocks. In last two ...

Out of these ₹16,580 crore loss in last two days, LIC lost ₹6,232 crore in one Adani group stock Adani Total Gas in which it has 5.96 per cent shareholding. In last two days, LIC has lost ₹16,580 crore. - LIC incurred maximum ₹6,323 crore in Adani Total Gas in last two sessions

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Image courtesy of "Economic Times"

SBI says Adani exposure well below RBI limit (Economic Times)

Banking stocks have been at the vanguard of the losses in the broader market, with three stocks led by SBI making up the list of top losers Friday on the Nifty.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). After US activist short-seller Hindenburg Research accused the Adani Group of price 'manipulation' and governance lapses in a report on January 24, the listed entities of the conglomerate have lost nearly $50 billion in market value in two days of trading. "All exposure to the group from SBI is secured by cash generating assets with adequate escrow mechanism in place, hence debt service will not be a challenge." For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) [Rout in Adani Group Stocks, Banks Drags Down Indices](/epaper/delhicapital/2023/jan/28/satet-front/rout-in-adani-group-stocks-banks-drags-down-indices/articleshow/97385038.cms) "While as a matter of policy we don't comment on individual clients, in the interest of setting the context right, we wish to clarify that SBI's exposure to Adani group is well below the Large Exposure Framework," said SBI's managing director in charge of corporate banking and subsidiaries, Swaminathan J.

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Image courtesy of "Times of India"

Adani Group stocks hammered, investors lose Rs 4.2L cr in 2 days (Times of India)

India Business News: MUMBAI: Even after two days of strong denials and threat of legal action by the Adani Group against a report by US-based Hindenburg ...

As a result of this selloff in Adani stocks, the group’s shareholders lost Rs 3.2 lakh crore. The report mentioned that the group’s key listed companies had taken on substantial debt, including pledging shares of their inflated stock for loans, “putting the entire group on precarious financial footing”. On Thursday, the group said that it was mulling legal recourse against Hindenburg. Ackman is the founder of Pershing Square, rated by Reuters as one of the best performing hedge funds in the world. Three of the 10 stocks fell as much as 20% each to hit the lower circuit breaker. The group chairman's net worth is now at $96.6 billion (about Rs 7.9 lakh crore).

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Adani Group की कंपनियों के शेयरों ने LIC के 18000 करोड़ डुबोए, 2 दिन में ... (आज तक)

अडानी ग्रुप (Adani Group) के शेयरों में आई गिरावट ने सिर्फ दो कारोबारी सत्रों में निवेशकों के ...

24 जनवरी 2023 को अडानी ग्रुप का मार्केट कैप 19 लाख करोड़ रुपये था, जो 27 जनवरी को 15 लाख करोड़ रुपये हो गया. निरपेक्ष रूप से 24 जनवरी से अडानी टोटल गैस में LIC के कुल निवेश में 6,237 करोड़ रुपये की गिरावट आई है. अडानी ग्रुप (Adani Group) के शेयरों में आई गिरावट ने सिर्फ दो कारोबारी सत्रों में निवेशकों के पोर्टफोलियो में गहरी सेंध लगा दी.

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Image courtesy of "Hindustan हिंदी"

अडानी ग्रुप के शेयरों का तूफान, LIC तक पहुंची आंच, डूबे ₹18000 करोड़ (Hindustan हिंदी)

अडानी समूह के शेयरों में एलआईसी का संयुक्त निवेश गिरकर 27 जनवरी, 2023 को 62621 करोड़ रुपये ...

कितना कम हुआ निवेश: अडानी समूह के शेयरों में एलआईसी का संयुक्त निवेश गिरकर 27 जनवरी, 2023 को 62,621 करोड़ रुपये पर आ गया। इससे पहले 24 जनवरी, 2023 को 81,268 करोड़ रुपये का निवेश था। इस लिहाज से निवेशकों को 18,647 करोड़ रुपये का नुकसान है। अडानी समूह के शेयरों में एलआईसी का संयुक्त निवेश गिरकर 27 जनवरी, 2023 को 62,621 करोड़ रुपये पर आ गया। इससे पहले 24 जनवरी, 2023 को 81,268 करोड़ रुपये का निवेश था। [हिंदी न्यूज़](/) [बिजनेस](/business/)अडानी ग्रुप के शेयरों का तूफान, LIC तक पहुंची आंच, डूबे ₹18000 करोड़

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Image courtesy of "Zee News Hindi"

Share Market: Adani Group के कारण LIC को लगा तगड़ा झटका, दो दिन में ... (Zee News Hindi)

LIC Share Holding: पिछले दो दिनों में इन 16580 करोड़ रुपये के नुकसान में से एलआईसी ने अडानी समूह ...

दिसंबर 2022 को समाप्त तिमाही के लिए अडानी टोटल गैस के शेयरहोल्डिंग पैटर्न के अनुसार एलआईसी के पास कंपनी में 6,55,88,170 शेयर या 5.96 प्रतिशत हिस्सेदारी है. दिसंबर 2022 को समाप्त तिमाही के लिए अडानी ग्रीन एनर्जी लिमिटेड के शेयरहोल्डिंग पैटर्न के अनुसार एलआईसी के पास कंपनी में 2,03,09,080 शेयर या 1.28 प्रतिशत हिस्सेदारी है. अक्टूबर से दिसंबर 2022 तिमाही के लिए अडानी ट्रांसमिशन के शेयरहोल्डिंग डेटा के अनुसार एलआईसी के पास कंपनी में 4,06,76,207 शेयर या 3.65 प्रतिशत हिस्सेदारी है. पिछले दो दिनों में एनएसई पर अडानी एंटरप्राइजेज के शेयर की कीमत ₹3,442 से गिरकर ₹2,768.50 के स्तर पर आ गई है, जिसका मतलब है कि पिछले दो दिनों में अडानी एंटरप्राइजेज के शेयरों में ₹673.5 का नुकसान हुआ है. पिछले दो दिनों में अडानी पोर्ट शेयर की कीमत ₹761.20 से गिरकर ₹604.50 प्रति शेयर हो गई है, दो सत्रों में ₹156.70 प्रति शेयर की गिरावट आई है. पिछले दो दिनों में एलआईसी को अडानी ग्रुप के शेयरों के कारण 16580 करोड़ रुपये का नुकसान हुआ है.

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Image courtesy of "Hindustan हिंदी"

एक रिपोर्ट से हिल गया गौतम अडानी का साम्राज्य, अरबपतियों की लिस्ट में ... (Hindustan हिंदी)

Gautam Adani Networth: अमेरिकी रिसर्च फर्म हिंडनबर्ग की रिपोर्ट (Hindenburg Report) के बाद गौतम अडानी की ...

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Image courtesy of "The New York Times"

Gautam Adani's Conglomerate Shaken by Stock Market Rout (The New York Times)

The Adani Group, founded by Gautam Adani, Asia's richest person, has lost $50 billion in value this week as it rebutted a critical report from a New York ...

Mr. But India is one of the world’s fastest-growing large economies, and Mr. Critics have complained that Mr. Modi and Mr. [said](https://scroll.in/latest/984589/protecting-interest-of-monopolies-kerala-cm-hits-out-at-centre-for-leasing-airport-to-adani-group) that Mr. Adani, Mr. Adani was an early supporter of Mr. Modi flew to Delhi on Mr. In the 1980s, Mr. After winning power in the national elections of 2014, Mr. The group’s growth surged in recent years, as it expanded into airports and The Adani Group has dismissed Hindenburg’s allegations in a series of rebuttals, calling them “a maliciously mischievous attempt” to profit by sinking its shares.

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Image courtesy of "Economic Times"

Adani stocks fall for second straight day, bonds too hit (Economic Times)

While Adani Total Gas, Adani Energy, and Adani Transmission shares plunged 20%-the lowest levels of the day, Adani Ports and Adani Enterprises dropped 16% and 19%, respectively. Adani Power and Adani Wilmer shares dropped 5% each. Adani stocks fall for ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) On November 20, 2022, he became the world's second richest person with a net worth of $156.3 billion, ahead of Louis Vuitton's owner Bernard Arnault, and Jeff Bezos, founder of Amazon. The Ahmedabad-based group's overseas bonds also declined on Friday mirroring the subdued sentiment among investors. [6 Banks Join GT in Legal Fight Against Winsome’s Mehtas](/epaper/delhicapital/2023/jan/28/satet-front/6-banks-join-gt-in-legal-fight-against-winsomes-mehtas/articleshow/97385030.cms) [Rout in Adani Group Stocks, Banks Drags Down Indices](/epaper/delhicapital/2023/jan/28/satet-front/rout-in-adani-group-stocks-banks-drags-down-indices/articleshow/97385038.cms)

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Hindenburg report on Adani group: Index provider MSCI invites ... (Business Standard)

Adverse feedback could lead to reduction in weightage of Adani stocks in MSCI indices.

"Selling will be focused on Adani Enterprises, Adani Total Gas and Adani Transmission with a total flow of $955 million. Of the seven listed stocks with Adani name, all except Adani Wilmar, are part of MSCI global indices. “If the price volatility ceases, the Index provider might not take any action and stocks will continue to be a part of the index,” said Abhilash Pagaria, Head - Alternative & Quantitative Research, Nuvama Institutional Equities. [MSCI](/topic/msci) is closely monitoring publicly available information regarding the situation and the factors that may impact the eligibility of those relevant securities for the MSCI Global Investable Market Indexes. [MSCI](/topic/msci) is aware of the reports recently published regarding the Adani group and associated securities. This could exacerbate the selling pressure in Adani group stocks, which have seen an erosion of $50 billion in market value in the past two trading sessions.

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Adani: अदाणी की एसीसी और अंबुजा की जांच करेगी सेबी, समूह के ऊपर 1.9 ... (अमर उजाला)

SEBI to investigate Adani ACC and Ambuja Cement, 17 foreign offshore SPVs were involved in the transaction हिंडनबर्ग की रिपोर्ट का ...

Register with amarujala.com to get all the latest Hindi news updates as they happen. समूह के ऊपर 1.9 लाख करोड़ का कर्ज एक रिपोर्ट में कहा गया है कि समूह के ऊपर कुल 1.9 लाख करोड़ रुपये का कर्ज है। इसमें से 60 हजार करोड़ सीमेंट कंपनियों की खरीदी के लिए लिया गया। इस पूरे कर्ज में से करीब 33 फीसदी घरेलू बैंकों का है। बाकी विदेशी बैंक और बॉन्ड का है। अदाणी ग्रीन एनर्जी, अदाणी पावर और अदाणी पोर्ट पर ही सबसे ज्यादा एक लाख करोड़ रुपये के करीब कर्ज है। एक रिपोर्ट में कहा गया है कि समूह के ऊपर कुल 1.9 लाख करोड़ रुपये का कर्ज है। इसमें से 60 हजार करोड़ सीमेंट कंपनियों की खरीदी के लिए लिया गया। इस पूरे कर्ज में से करीब 33 फीसदी घरेलू बैंकों का है। बाकी विदेशी बैंक और बॉन्ड का है।

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Image courtesy of "ABP News"

Adani Group: अडानी समूह ने दिया Hindenberg Research के इतने सवालों ... (ABP News)

Adani Group Response To Hindenburg Research: अडानी समूह ने 'Myths of short seller' नाम से अपने प्रेजेंटेशन में ...

रेवेन्यू और बैलेंसशीट के मोर्चे पर अडानी समूह ने कहा कि उसके पोर्टफोलियो में लिस्टेड 9 कंपनियों में से 6 ऐसी हैं जो रेवेन्यू, कॉस्ट और कैपिटल एक्सपेंडीचर के लिए खास रेगुलेटरी समीक्षा के अंतर्गत आती है. समूह ने अपने जवाब में कहा है कि हिंडनबर्ग रिसर्च रिपोर्ट में इस बात का दावा नहीं किया जा सकता है कि 2 साल से कोई जांच के बाद इस तरह के नतीजे पर पहुंचा गया है. Adani Group Response To Hindenburg Research: अडानी ग्रुप ने कहा है कि हिंडनबर्ग रिसर्च के पूछे गए 88 सवालों में से 21 सवाल ऐसे हैं जिनका जवाब कंपनी 2015 से अलग-अलग पब्लिक डॉक्यूमेंट में दे चुकी है.

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Image courtesy of "The Citizen"

Hindenburg Research Tells Adani To Walk The Talk (The Citizen)

Hindenburg's 129-page report comes after a two-year investigation, and stated that “the INR 17.8 trillion (U.S. $218 billion) Indian conglomerate Adani Group ...

It states that it drew its name from the 1937 Hindenburg Disaster as it saw it to be the “epitome of a totally man-made, totally avoidable disaster. Nonetheless, the operators of the Hindenburg forged ahead, adopting the oft-cited Wall Street maxim of “this time is different”. This was in response to a statement of “clarification” issued by Jugeshinder Singh, Adani Group CFO, on January 25 expressing shock, a day after the Hindenburg Research’s report was released. Our experience in the investment management industry spans decades, with a historical focus on equity, credit, and derivatives analysis.” The Group has always been in compliance with all laws, regardless of jurisdiction, and maintains the highest standards of corporate governance.” The financial publication reported that the Hindenburg had “triggered a massive rout in listed Adani stocks, wiping out a cumulative ₹87,500 crore in market cap.” This is because the Adani Group is no ordinary conglomerate: it is closely identified with Prime Minister Narendra Modi since the time he was Chief Minister.” On Friday, “Adani Enterprises was trading over 2% lower even as it kicked off the ₹20,000 crore follow-on public offer (FPO)” reported the Mint. It stated that the Adani group “has previously been the focus of 4 major government fraud investigations which have alleged money laundering, theft of taxpayer funds and corruption, totaling an estimated U.S. $218 billion) Indian conglomerate Adani Group has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades.” The US-based group however replied in its social media post that “If Adani is serious, it should also file suit in the US where we operate. At the conclusion of our report, we asked 88 straightforward questions that we believe give the company a chance to be transparent.

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Adani Group vs Hindenburg: हिंडनबर्ग रिपोर्ट के बाद अडानी ग्रुप के ... (नवभारत टाइम्स)

Adani Group vs Hindenburg: हिंडनबर्ग रिपोर्ट के बाद अडानी ग्रुप के शेयरों पर क्या करें निवेशक? Share:.

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Image courtesy of "Livemint"

How much did mutual funds invest in Adani shares? | Mint (Livemint)

25000 crore equity MF exposure to group; In Ambuja, ACC, MFs hold 7-8% of market cap.

The group has strongly dismissed the allegations made by Hindenburg as ‘baseless’ and ‘malicious’. [Adani Group stocks have lost ₹3.2 trillion](https://www.livemint.com/companies/news/adani-stock-crash-wipes-out-3-19-trillion-investor-wealth-11674843129704.html) of their market capitalization. Mumbai: Since 24 January 2022, when the US-based short-seller Hindenburg Research issued its report alleging ‘stock manipulation and accounting fraud scheme’,

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Image courtesy of "The Hindu"

Bankers on Adani ₹20000-crore share sale consider delay, price ... (The Hindu)

The Adani Group has called the report baseless and said it was considering taking action against Hindenburg. Friday's 20% fall in shares of group flagship Adani ...

The Hindenburg report questioned how the Adani Group used entities in offshore tax havens such as Mauritius and the Caribbean islands. On first day of retail bidding on Friday, the issue was subscribed around 1%, raising concerns over whether it would be able to proceed. It said key listed Adani companies had "substantial debt", which put the entire group on a "precarious financial footing". Adani had set a floor price of 3,112 rupees ($38.22) a share and a cap of ₹3,276, but Adani Enterprises closed on Friday ₹2,761.45. Bankers on the $2.5 billion share sale of India's Adani Enterprises are considering extending the sale or cutting the issue price after Among the options the bankers are considering are to extend the Tuesday closing date for the subscription of the issue by four days, the sources told Reuters on Saturday.

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Image courtesy of "Economic Times"

Adani Enterprises says $2.5 billion share sale on track even as ... (Economic Times)

Bankers on the deal were considering extending the sale or cutting the issue price after shares of Adani plunged following a report from a U.S. short seller ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) short seller, three people familiar with the matter told Reuters on Saturday. [Rout in Adani Group Stocks, Banks Drags Down Indices](/epaper/delhicapital/2023/jan/28/satet-front/rout-in-adani-group-stocks-banks-drags-down-indices/articleshow/97385038.cms) It said key listed Adani companies had "substantial debt", which put the entire group on a "precarious financial footing". [Adani Enterprises](/topic/adani-enterprises)remains on schedule at the planned issue price, the company told Reuters on Saturday, while sources said bankers were considering changes due to a market rout in the group's shares.

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No change in schedule or issue price : Adani on FPO (The Hindu BusinessLine)

“Adani Enterprises Limited's Further Public Offer (FPO) is going as per schedule and the announced price-band. There is no change in either the schedule or the ...

The issue will close on January 31. The retail investor portion received bids for 3,99,880 shares against 2,29,08,464 shares on offer. The AEL spokesperson further said, “All our stakeholders including bankers and investors have full faith in the FPO. AEL shares closed at ₹2761.45, about 11 per cent below the minimum offer price of the FPO. “Adani Enterprises Limited’s Further Public Offer (FPO) is going as per schedule and the announced price-band. The Adani Group on Saturday said that there will be no change in either the schedule or the issue price of its ongoing

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Image courtesy of "Business Standard"

No change in schedule, issue price of FPO, confident of success ... (Business Standard)

All our stakeholders including bankers and investors have full faith in the FPO, Adani Enterprise said in a statement.

" [Adani Enterprises](/topic/adani-enterprises) Limited’s Further Public Offer (FPO) is going as per schedule and the announced price-band. [Adani Enterprises](/topic/adani-enterprises) Limited clarified on Saturday that its Further Public Offer (FPO) will go according to the schedule and at the announced price-band. Reports in media suggested that the bankers were looking to get the schedule and the issue price changed as the Adani stocks nosedived after the Hindenburg report came out. The Hindenburg report questioned how the Adani Group used entities in offshore tax havens such as Mauritius and the Caribbean islands. [ Business Standard App ](/app) for latest [Business News](/) and [ Market News ](/markets). All our stakeholders including bankers and investors have full faith in the FPO.

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Image courtesy of "Zee News Hindi"

Hindenburg Report: क्या अडानी ग्रुप के लिए खड़ी हो सकती है मुश्किलें ... (Zee News Hindi)

Adani Group: शेयर मार्केट में अडानी ग्रुप के शेयरों में गिरावट देखी गई है. इस गिरावट के पीछे ...

वहीं अब सूचकांक प्रदाता MSCI ने शनिवार को कहा कि अडानी ग्रुप की कंपनियों के शेयर भाव को गलत तरीके से बढ़ाने का आरोप लगाने वाली हिंडनबर्ग रिसर्च की रिपोर्ट पर उसने समूह की प्रतिभूतियों से जानकारी मांगी है. अगर इस तरह का कोई कदम उठाया जाता है तो फिर अडानी समूह की कंपनियों के शेयरों में बिकवाली और तेज हो सकती है. एमएससीआई वैश्विक निवेश-योग्य बाजार सूचकांक के लिए प्रासंगिक प्रतिभूतियों की योग्यता को प्रभावित कर सकने वाले कारकों और मौजूदा हालात पर निगाह बनाए हुए है."

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Image courtesy of "The Hindu BusinessLine"

MFs hold investment of ₹26388 crore in Adani Group shares (The Hindu BusinessLine)

Mutual fund (MF) industry had an exposure of ₹26,388 crore as of December-end towards nine Adani Group companies, which have been battered on the bourses ...

Their investments in Adani Enterprises and ACC amounted to ₹5,097 crore and ₹3,744 crore, respectively. Other mutual funds which have over ₹1,000 crore exposure to Adani Group companies include Axis MF, HDFC MF, Quant MF, Tata MF and UTI MF. Nippon India MF and ICICI MF have almost same exposure of ₹2,095 crore and ₹2,092 crore to the Group.

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Image courtesy of "Economic Times"

$1.5 billion outflows likely if Adani group's weight in MSCI index ... (Economic Times)

If the index provider intends to exclude the stocks and a few of the names continue to trade at lower circuits with no liquidity, then MSCI can postpone ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) If the index provider intends to exclude the stocks and a few of the names continue to trade at lower circuits with no liquidity, then MSCI can postpone their exclusion until there is enough liquidity visible on the counter. However, if stock prices stabilise on Monday, then MSCI may not take any action and the stocks will continue to be part of the index. According to an analysis by Nuvama Alternative and Quantitative Research on the possible actions MSCI can take, one of them could be reducing the weight of stocks by half. [Adani Group](/topic/adani-group)companies in the past two days has raised questions over whether these stocks will continue to be part of the MSCI Global indices, given the relatively high cumulative weight of the group in the index.

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Image courtesy of "Business Today"

Rajesh Adani, Vinod Adani: The Adani Family Members In The Eye ... (Business Today)

Hindenburg Report Names Rajesh Adani, Vinod Adani: The scathing 106-page Hindenburg report, which has triggered free fall in Adani Group firms' stocks, ...

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Image courtesy of "Business Today"

Adani says $2.5 billion share sale on track even as bankers mull ... (Business Today)

Seven listed companies of the conglomerate controlled by one of the world's richest men, Gautam Adani, have lost a combined $48 billion in market value ...

TRENDING MOST READ "All our stakeholders including bankers and investors have full faith in the FPO (Follow on Public Offer). short seller, three people familiar with the matter told Reuters on Saturday.

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Image courtesy of "The Economic Times"

Adani stocks fall for second straight day, bonds too hit - The ... (The Economic Times)

While Adani Total Gas, Adani Energy, and Adani Transmission shares plunged 20%-the lowest levels of the day, Adani Ports and Adani Enterprises dropped 16% ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) On November 20, 2022, he became the world's second richest person with a net worth of $156.3 billion, ahead of Louis Vuitton's owner Bernard Arnault, and Jeff Bezos, founder of Amazon. The Ahmedabad-based group's overseas bonds also declined on Friday mirroring the subdued sentiment among investors. [6 Banks Join GT in Legal Fight Against Winsome’s Mehtas](/epaper/delhicapital/2023/jan/28/satet-front/6-banks-join-gt-in-legal-fight-against-winsomes-mehtas/articleshow/97385030.cms) [Rout in Adani Group Stocks, Banks Drags Down Indices](/epaper/delhicapital/2023/jan/28/satet-front/rout-in-adani-group-stocks-banks-drags-down-indices/articleshow/97385038.cms)

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