The US stock market Dow Jones has removed Adani Enterprises from the S&P index. Dow Jones New York Stock Exchange has given this information.
off the list
New York: Indian businessman Gautam Adani is getting new setbacks every day. Now Adani Enterprises has suffered a major setback in the US stock market Dow Jones. Dow Jones has removed Adani Enterprises from the S&P index. Dow Jones New York Stock Exchange has given this information. After this decision of Dow Jones, there was a lower circuit in the shares of Adani Enterprises in India. There was a big fall in this stock. Adani Power’s stock has also hit lower circuit. Adani Port declined by 10%.
Shares of Adani Green Energy and Adani Total Gas have also hit the lower circuit. US stock exchanges have announced the removal of Adani Enterprises from the S&P Dow Jones Sustainability Index. The stock exchange said in a statement that Adani Enterprises will be delisted from the S&P Dow Jones Sustainability Index with effect from February 7, 2023.
Big decision of NSE
NSE has taken a big decision with the aim of preventing huge fluctuations in the shares of Adani Group. NSE has banned F&O stock purchase of Adani Port. Adani Ports and Enterprises will be monitored.
Why result?
Gautam Adani has been shocked by a report from America’s well-known investment research firm Hindenburg. The report has made serious allegations against the Adani Group. Accordingly, the group reshuffled the shares and alleged irregularities in the audit. Undoubtedly this report has increased the concern of Adani Group. Adani Group has denied the allegations made in the report and has started preparing for legal action. But till then this report has done a lot of damage to Adani. According to the Forbes Billionaires Index, Adani’s wealth has declined by 17.38 percent in the last 24 hours.
FPO withdrawn
Adani Enterprises is in the market for a few days (Adani Enterprises) FPO was discussed. Adani Enterprises FPO despite Hindenburg report (FPO) launched in the market. Its duration was till 31 January 2023. During this the investors replied to him. The company had brought an FPO of Rs 20,000 crore. Even after the subscription of this FPO, the company took a historic decision to cancel it. of investors (investor) The company claims that the company has taken this decision to avoid financial loss.
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