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.
How 90% IPOs in August beat volatile India market to return up to 72% after listing
In August, a majority of newly listed IPOs saw a successful debut, outpacing the broader market. Approximately ninety percent of these listings are still trading