Thu, Nov 21, 2024
The relentless sell-off continued on the D-Street, witth the index hitting its 200 daily EMA.
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Adani Bribery News: SBI shares have fallen more than five per cent today, BoB stock dropped by eight per cent while PNB shares plunged around five per cent today. Axis Bank, HDFC Bank and ICICI Bank shares have also tanked due to the Adani news today.
As the Adani Group faces wrath of the US court amid alleged fraud, the rating agency sees the development to be credit negative for the conglomerate.
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