Adani Group got a shock in the stock market, shares of 8 companies fell for the second consecutive day.

New Delhi: The troubles of Indian industrialist Gautam Adani are not seeming to stop where his group is getting setbacks after setbacks even in the stock market. Here on Friday morning, shares of eight out of 10 listed companies of Adani Group have registered a decline in early trading. Due to the controversy, shares of Adani Group are falling.

Let us tell you that American prosecutors have accused billionaire Gautam Adani of being part of a scheme to pay bribes of $ 265 million (about Rs 2,200 crore) to Indian officials in exchange for favorable terms for solar energy contracts. Because of this Adani Group is facing criticism.

Adani Energy shares slipped to Rs 637.85

According to the share market report received here, Adani Green Energy fell by 10.95 percent and Adani Energy Solutions fell by 8.57 percent to reach a 52-week low of Rs 637.85 on BSE. Here, shares of Adani Group's flagship company Adani Enterprises fell 6.98 percent to a 52-week low of Rs 2,030.

Click to read share market news-

Shares of Adani Power fell by 6.38 percent, Adani Total Gas fell by 6.11 percent, Adani Ports fell by 5.31 percent. Adani Wilmar shares fell 5.17 per cent to hit a one-year low of Rs 279.20 and NDTV fell 3.41 per cent.

Adani Group's market is slipping since November 21

Ever since Adani Group has come into controversies, ACC and Ambuja Cements were trading with a gain of more than two percent even after the decline in initial deals. In the stock market, BSE Sensex is trading 781.02 points higher at 77,936.81 and NSE Nifty is trading 228.90 points higher at 23,578.80. There was a huge fall in the shares of Adani Group companies on Thursday.

Adani Group on Thursday denied allegations of paying bribes to get favorable terms for solar power contracts, saying the allegations made by US prosecutors are baseless and the group complies with all laws. The group said all possible legal remedies would be explored.