Gautam Adani-owned companies lose almost $45 Billion in market value after selloff sparked by Hindenburg report on Adani Group
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Shares of Adani Group's companies have taken a massive hit as they lost almost $45 billion in market value in less than two sessions after a selloff sparked by Hindenburg Research's report on Friday, reported Bloomberg. Adani stocks had lost $12 billion in market value on Wednesday and Indian markets were shut Thursday.