\n<\/p>\n
India markets fell sharply on Thursday while recovering some losses towards the end. This was mainly due to a sell-off in Adani Group stocks following an indictment of Gautam Adani and several others in a $250 million bribery case, Sensex closed at 77,155, down by 422 points while the broader Nifty50 finished at 23,349, lower by 168.60 points<\/p>\n
The Sensex fell 776 points on an intraday basis and the Nifty by 255 points.<\/p>\n
Led by a 23% crash in Adani Enterprises, the combined m-cap of 10 Adani stocks fell by around Rs 2.25 lakh crore to Rs 12 lakh crore, marking the conglomerate’s worst trading day since the Hindenburg bombshell in early 2023.<\/p>\n
Other Adani stocks – Adani Green, Adani Total Gas, Adani Power, Ambuja Cements, ACC and Adani Wilmar – plunged by over 6%. NDTV was the lone gainer which ended with 0.2% uptick.<\/p>\n
Top Gainers & Losers
The worst losers were Adani Enterprises, Adani Ports, SBI Life Insurance Company, SBI and NTPC while the gainers were Power Grid, UltraTech, Hindalco Industries, Apollo Hospitals and Grasim Industries.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"
Welcome to a brand-new episode of ET Market Watch! Your daily dose of market updates, stock movements, trends & more. This is your host Neha V Mahajan, Let’s dive into it India markets fell sharply on Thursday while recovering some losses towards the end. This was mainly due to a sell-off in Adani Group stocks […]<\/p>\n","protected":false},"author":1,"featured_media":7594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[50],"tags":[4016,11470,9802,11469,4477,1870,8082,11468,8083,1843,281,1872,549,546,1019,1871,1150],"jetpack_featured_media_url":"https:\/\/img.etimg.com\/photo\/115531895.cms","_links":{"self":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/7593"}],"collection":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/comments?post=7593"}],"version-history":[{"count":0,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/7593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media\/7594"}],"wp:attachment":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media?parent=7593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/categories?post=7593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/tags?post=7593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}