Adani stocks plunge on MSCI index rebalancing
Adani stocks plunge on MSCI index rebalancing led to significant foreign outflows. MSCI reduced or eliminated weightings of Adani group stocks in its indices, triggering $2.3 billion in estimated sell-offs. The move follows heightened global investor scrutiny after the Hindenburg report. Most Adani counters fell 10–20% in a single session.
📊 STOCKS: ADANIENT, ADANIPORTS, ADANIPOWER | 🏢 SECTOR: CapitalMarkets | #HIGHIMPACT #IndexRebalance
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