Adani shares drew retail investors just before US probe pullback

Adani shares drew retail investors just before US probe pullback

Individual stock holdings in eight of the group’s 10 listed companies rose between December 2022 and September-end this year, according to quarterly shareholding data compiled by Bloomberg. This likely left retail investors exposed to last week’s $30 billion selloff in those shares after US charged Gautam Adani with helping drive a $250 million bribery scheme. … Read more