{"id":104698,"date":"2018-12-10T09:31:54","date_gmt":"2018-12-10T09:31:54","guid":{"rendered":"https:\/\/www.bnreport.com\/adani-group-shares-fall-7-amid-across-the-borad-selloff\/"},"modified":"2018-12-10T09:31:54","modified_gmt":"2018-12-10T09:31:54","slug":"adani-group-shares-fall-7-amid-across-the-borad-selloff","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/adani-group-shares-fall-7-amid-across-the-borad-selloff\/","title":{"rendered":"Adani Group shares fall 7% amid across the borad selloff"},"content":{"rendered":"

NEW DELHI: Shares of Adani group<\/a> of companies took a severe beating in the morning trade on Monday amid an across-the-board selloff.<\/p>\n

Shares of Adani Power<\/a> (down 6.58 per cent) and Adani Enterprises (down 6.54 per cent) were the worst hit, cracking nearly 7 per cent.<\/p>\n

Adani Gas (down 4.90 per cent), Adani Transmission (down 4.69 per cent), Adani Green Energy (down 4.40 per cent) and Adani Ports (down 3.25 per cent) also lost significantly.<\/p>\n

Domestic equities suffer deep cuts in opening deals on Monday following the trend in global markets where investors took money off the table amid worries of a slowdown in economy and concerns that the tension between the US and China may derail the prospects of a trade deal.<\/p>\n

Around 9:40 am, the BSE Sensex was 565 points down at 35,107, while the Nifty was 176 points down at 10,517.<\/p>\n

All stocks in the Sensex kitty were in the red, with Reliance Industries<\/a>, Coal India<\/a>, Power Grid, Asian Paints and ONGC as the top losers.<\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a>
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ET Markets<\/a><\/h5>\n

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