Mumbai: The inventory market is buying and selling within the purple zone on the primary day of the buying and selling week. On the similar time, Adani Group shares fell by as much as 4 per cent at this time after the Hindenburg report. Buyers misplaced Rs 53,000 crore as a result of fall in Adani shares after the Hindenburg report.

Adani Inexperienced Vitality shares suffered probably the most and fell 7 per cent to the day’s low of Rs 1,656 on the BSE.

Adani Group shares fell by as much as 4 per cent after US short-seller Hindenburg claimed that SEBI chief Madhabi Puri Buch and her husband Dhawal Buch have stakes in offshore funds primarily based in Bermuda and Mauritius. The report claims that these funds have been utilized by Gautam Adani’s brother Vinod Adani to accumulate and commerce shares within the Adani Group.