Adani stock rout extends; Rs 1.59 trn market-cap wipe out this week

Adani Power, Adani Total Gas and Adani Transmission hit their 5% lower trading limit for a fourth straight day

Shares of the six listed Adani group stocks tumbled for the fourth day on Thursday, resulting in Rs 1.59 trillion market cap loss this week.

Adani Power, Adani Total Gas and Adani Transmission hit their 5 per cent lower trading limit for a fourth straight day.

Adani Ports and Adani Enterprises tumbled 8.5 per cent and 5.6 per cent respectively, while Adani Green Energy fell the least at 4.95 per cent.

The six group stocks are down between 9 per cent and 22 per cent this week following reports that the accounts of top foreign portfolio investors (FPIs) have been