Why Adani stocks are falling today

Shares of Gautam Adani’s group declined after boards of two firms approved the proposal to raise up to $2.6 billion, with market watchers concerned about the potential equity dilution. Adani Enterprises Ltd, the incubator for new group businesses, slid 4.4% — the most intraday since May 3.

Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News