Adani Group stocks are witnessing broad-based selling pressure in early trading on Tuesday. All major Adani stocks are trading in the red, reflecting a negative sentiment in the market.
Adani Power is leading the losses among Adani group companies, down by 2.15% to ₹486.55. Adani Ports has also declined by 1.04% to ₹1,067.70, while Adani Total Gas (ATGL) dropped 1.39% to ₹572.70. Similarly, Adani Enterprises (AdaniEnt) slipped 0.95% to ₹2,090.80, and Adani Green is down 0.78% to ₹805.45. In addition, Adani Wilmar (AWL) declined 0.59% to ₹244.30, and Adani Energy Solutions (AdaniEnSol) saw a slight dip of 0.24% to ₹660.10.
The broader market is also under pressure, with the Sensex down 739.03 points (-0.99%) at 73,873.40, and the Nifty falling 223.00 points (-0.99%) to 22,322.05. This negative movement in Adani Group stocks is in line with the broader market weakness, influenced by global economic concerns and a weak handover from international markets. Analysts attribute the decline to profit booking and a cautious investor sentiment amid continued global economic uncertainties.
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