‘Black Friday for Adani stocks; know the top 5 mutual funds that have suffered the most!
‘Black Friday for Adani stocks; know the top 5 mutual funds that have suffered the most!

‘Black Friday for Adani stocks; know the top 5 mutual funds that have suffered the most!

Black Friday for Adani stocks: Stocks fall like a pack of cards, five mutual funds which are the most affected.

Karan Dsij Article rating: 3.9

The important point is the fact after Adani Enterprises’ inclusion in the Nifty50 index, it forced exchange-traded funds (ETFs) and index funds- on which rides a lot of pension money to buy the stock that traded at an astronomically high P/E multiple.

‘Sell in May and go away turns true for Adani Group stocks as hero turned into a villain!
‘Sell in May and go away turns true for Adani Group stocks as hero turned into a villain!

‘Sell in May and go away turns true for Adani Group stocks as hero turned into a villain!

Adani Wilmar is down by 25.26 per cent on an MTD basis while the stock has tumbled more than 33 per cent from its all-time high. Meanwhile, Adani Green has plunged 13.74 per cent on an MTD basis.   

Karan Dsij Article rating: 3.8

The month of April was a wicked one for the stock markets across the world and Indian markets were no exception as Nifty plunged 2 per cent.

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