Equity investors lose Rs 5.27 lakh crore as domestic markets slump

Quick Summary:

Indian stock markets experienced a significant downturn, mirroring the decline in Adani Group stocks following accusations of fraud and bribery in the US.

The BSE Sensex plummeted over 422 points, wiping out ₹5.27 lakh crore of investor wealth.

Adani Ports suffered the most, hitting the lower circuit limit.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaJordanUkraine

Topics: Business news Equity investors Investor wealth loss Adani Group Domestic markets slump BSE Sensex

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 02:38:08 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 909 words

Reading Time: 6 minutes read

Sentences: 39 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23742853

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About Times of India

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