Gautam Adani suffers a ₹2.45 lakh crore loss in hours.
Adani Group stocks plunged on Thursday, wiping out ₹2.45 lakh crore in market value after US prosecutors alleged Gautam Adani was involved in a $250 million bribery scheme for solar power contracts. Key stocks, including Adani Enterprises, Adani Ports, and Adani Energy Solutions, saw declines of 20-23%. Other group companies like Adani Green Energy, Adani Power, and Ambuja Cements also suffered steep losses. The BSE Sensex and NSE Nifty fell by 536.89 and 186.75 points, respectively.