Adani stocks, overseas bonds battered by rout





Adani Group's offshore bonds experienced a decline of 1-2 points in response to the Modi government's inability to achieve the decisive victory forecasted by exit polls. Adani Green's recently issued $409 million 6.7% bond dropped to 93/94 from 95/96, while Adani Ports and SEZ's $750 million 4.375% bond due in 2029 decreased to 88/89 from 90.


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