Hindenburg report: Adani bloodbath leaves Dalal St investors Rs 8 lakh cr poorer

Sensex opened 1,000 points lower and closed well into the red zone, days after the Hindenburg report accusing Adani of fraud sent the group's share prices tumbling down. Apart from investors of seven listed Adani firms losing more than Rs 4 lakh crore, banking stocks have also taken a hit despite a reassurance by Credit Lyonnais Securities Asia (CLSA).