Home Business & Finance Adani Shares Lose $15 Billion as Closing Auction Fuels Swings
Business & Finance

Adani Shares Lose $15 Billion as Closing Auction Fuels Swings

Key Points

Adani Group companies on Monday erased 1.4 trillion rupees ($15 billion) in market value, the most in about 21 months, as India’s closing auction drove sharp swings during a scheduled MSCI Inc. index rebalancing.

Adani Group companies on Monday erased 1.4 trillion rupees ($15 billion) in market value, the most in about 21 months, as India’s closing auction drove sharp swings during a scheduled MSCI Inc. index rebalancing.
Adani (ORG) India (LOCATION) MSCI Inc. (ORG)
Originally published by Bloomberg Markets Read original →