Tag: stock market

Stock Market Losses Shake Indian Investors: What’s Driving the Selloff?

Indian equity markets have been rattled by recent losses, driven by geopolitical tensions, trade disputes, and domestic policy worries. Large-cap stocks are under pressure, and experts suggest a long-term approach while navigating sector shifts and heightened volatility.

Adani Group Stocks Tumble as SEC Charges Cause Market Shock

On November 22, 2024, Adani Group stocks suffered dramatic losses after the SEC filed charges against Gautam Adani and others, causing a $22 billion market cap erosion. Adani Green Energy and Adani Enterprises were hardest hit. Tata Power and NTPC also faced challenges, while LIC remained stable, with analysts observing potential political impacts on investment recovery.

Adani Shares Plummet After Gautam Adani Faces US Indictment on Bribery Charges

Gautam Adani and top executives face US charges for a bribery scheme involving $265 million to secure profitable contracts. Despite Adani Group's denial of allegations, the news caused a sharp dip in their stock prices. The case sheds light on the complexity of the alleged scheme and its repercussions on global markets.