Selloff in Adani Stocks Wipes Out $47 Billion in Market Value

Selloff in Adani Stocks Wipes Out $47 Billion in Market Value

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The Bombay Stock Exchange in Mumbai. The benchmark Nifty 50 index, which includes two Adani companies, fell to a three-month low Friday. Shares of several companies linked to India’s richest man, Gautam Adani , fell sharply Friday, losing tens of billions of dollars in market value after a U.S.…

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