Adani Group stocks in the red ahead of Supreme Court hearing

Adani Group’s stocks have fallen following the appointment of a panel to examine regulatory compliance violations and disclosures. Adani Enterprises was down 3.45% at INR 1,896.95 while Adani Total Gas fell 4.77% to trade at INR 779.30. Adani Transmission was down by 3.61% at INR 852.85, Adani Green Energy dropped 1.98% to INR 877.90, while Adani Wilmar dipped 1.36% to INR 386.90. ACC, Ambuja Cements and NDTV’s shares were also down between 0.7% and 1.5%. The Special panel’s report was submitted to India’s Supreme Court, which is now hearing the matter in which stock regulator SEBI was given three months to complete its probe.