Investors keep faith in Indian market despite rout in Adani stocks

Individual stock investors in India are keeping faith in the country's $3.1 trillion equity market even after a punishing selloff in Adani group shares threatened to drag down one of the world's best-performing indexes since the pandemic. The carnage that has wiped off about $130 billion from the value of Adani shares won't damp the long-term prospects for the nation's equities.