Shares of Adani Group companies faced heavy selling pressure for the second straight session on Friday, January 27, with shares of Adani Ports and Special Economic Zone falling as much as 15%, Adani Enterprises dropping 10%, and Adani Power, Adani Wilmar, Adani Total Gas, and Adani Transmission locked in at 5% and 20% lower circuits, respectively. The fall in share prices was triggered by a report by forensic financial research firm Hindenburg Research, which alleged fraud by the Adani group.
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