Adani Group bears the brunt of selling

Adani Group shares, which outperformed the Dalal Street, on Monday suffered from a major correction as Adani Enterprises and Adani Total Gas Ltd hit the 10 per cent lower circuit.

Adani Enterprises' scrip tanked 8.51 per cent to Rs3,157.15. Adani Total Gas Ltd (ATGL) fell 6.96 per cent to Rs3,104.65. Adani Ports and SEZ shares fell 434 per cent to Rs785.45.

Adani Enterprises was down for 7th session as it corrected over 20% from life-time high to Rs3,104. Adani Green also fell 9% to Rs 2,057 and it's down 32% from high of Rs 3,050 in April 2022. Adani Wilmar also declined by 5% to Rs 717.55 on the BSE.