Adani Group stocks crash on reports of foreign funds' accounts being frozen

Shares of all the Adani Group companies listed on Indian stock exchange hit lower circuits in the opening session today. This comes after reports that National Securities Depository Limited (NSDL) suspended accounts of three foreign funds that have over ₹43,000 crore invested in Adani Group. With this, Gautam Adani lost around $7 billion, as per Forbes' real-time billionaires list.