Adani Group stocks were in free fall Monday morning amid a broader market meltdown triggered by escalating global trade tensions and a sharp rise in risk aversion. As of 9:18 AM today, all major Adani-listed entities were trading deep in the red on the NSE, reflecting the market-wide sell-off.
Here’s how Adani Group stocks fared:
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Adani Power sank 8.17% to ₹489.05
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Adani Energy Solutions (AdaniEnsSol) dropped 8.16% to ₹789.25
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Adani Ports slipped 7.28% to ₹1,064.70
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Adani Green fell 6.47% to ₹864.05
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Adani Enterprises declined 6.08% to ₹2,192.70
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Adani Wilmar dropped 5.41% to ₹251.75
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Adani Total Gas (ATGL) slid 5.01% to ₹561.70
Sensex, Nifty crash as global sell-off drags Indian equities lower
The collapse in Adani Group shares came alongside a sharp slide in benchmark indices. As of 9:16 AM, the Sensex had plummeted 2,523.54 points or 3.35% to 72,841.15, while the Nifty 50 slipped 809.90 points or 3.54% to 22,094.55.
The broader market was equally weak:
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Bank Nifty fell 2.16% to 50,391.05
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Nifty Midcap 100 dropped 4.70% to 10,655.75
The sell-off was triggered by renewed tensions between the U.S. and China after Beijing announced a sweeping 34% tariff on all U.S. imports starting April 10, in retaliation to former U.S. President Donald Trump’s fresh tariff stance. The escalation has roiled global markets and sent investors fleeing riskier assets across the board.
Disclaimer: The above views are based on official market data and public developments. Please make any and every investment decision after consulting your financial advisor.
