Sensex, Nifty tumble amid sharp fall in Adani stocks

Equity benchmark indices Sensex and Nifty tumbled on Thursday amid a sharp fall in Adani group stocks after billionaire industrialist Gautam Adani was charged in the US for alleged bribery and fraud. Photograph: PTI Photo from the Rediff Archives Besides, unabated foreign fund outflows and weak trends in Asian and European peers also dragged benchmark indices lower. The BSE benchmark Sensex tanked 422.59 points or 0.54 per cent to settle at 77,155.79. During the day, it lost 775.65 points or ...