Big fall in the stock market, lower circuit in most of Adani Group shares, loss of 2.83 lakh crores
There is a big decline in the Indian stock market. The National Stock Exchange (NSE) closed at 287.60 points and the Bombay Stock Exchange (BSE) closed at 874.16 points. Along with this, most of the shares of Adani Group have hit the lower circuit.
Muskan 
On Friday, the last trading day of this week, the stock market is witnessing a big decline. The National Stock Exchange (NSE) has closed today at a level of 17,604.35 with a fall of 287.60 points. The Bombay Stock Exchange (BSE) closed at 59,330.90, down 874.16 points. On the other hand, after the Hindenburg report, there is a continuous decline in the shares of Adani Group, due to which the market cap of Adani Group companies has decreased by 2.83 lakh crores.
On the last trading day i.e. till the market closed on Wednesday, all seven shares of Adani Group saw a decline, due to which the market cap of the companies was reduced by 46,086 crores on that day. After this, the market was closed the next day on Thursday on account of Republic Day and ever since the market opened today, there has been a continuous decline since then.
Adani Group's five stocks ie Adani Enterprises, Adani Total Gas, Adani Transmission, Adani Green Energy and Adani Ports & SEZ hit the lower circuit. After the Hindenburg report, 7 stocks of Adani Group have fallen by up to 23%, due to which the market cap of the companies has lost 2.83 lakh crores so far.
The continuous fall in Adani Group's shares is also affecting Gautam Adani's net worth. Gautam Adani, who is included in the list of 10 richest people in the world, has slipped from the fourth position to the seventh position after the Hindenburg report.
