Five of 11 Adani stocks closed down on Monday, with Adani Green Energy, cited in the US Department of Justice indictment, falling 9.2%, hitting its 52-week intraday low. The stock has declined 31.4% since the Adani corruption indictment became public last week.
Mid- and small-cap pressure persists as valuation concerns deepen: Harsha Upadhyaya
Amidst DII buying and FII outflows, mid- and small-cap corrections are driven by valuation and earnings realities, according to Harsha Upadhyaya. He advises caution in