Adani stocks slip again as MSCI weighs free-float tag
Adani Enterprises slid 11% to close at ₹1,925.70 and Ambuja Cements declined 7% to ₹357.80. Five stocks – Adani Green Energy, Adani Total Gas, Adani Power, Adani Transmission and NDTV – hit a 5% lower circuit barrier. Adani Wilmar gained 5% to close at ₹439.70, while ACC declined 3% to ₹1,916. “This MSCI move may result in likely weight reductions,” said Abhilash Pagaria, head, Nuvama Alternative and Quantitative Research.
