Adani Power, Transmission, Total Gas slip 5% for third straight day

Shares of three Adani Group companies – Adani Power (Rs 127.25), Adani Transmission (Rs 1,369.35) and Adani Total Gas (Rs 1,394) – were locked in lower circuit for the third straight day, down 5 per cent each, on the BSE on Wednesday despite the National Securities Depository Ltd (NSDL) clarifying that the accounts of three foreign funds – holding nearly Rs 43,000 crore worth of Adani group shares – are ‘active’ and not frozen.

Besides these three stocks, Adani Green Energy fell 4 per cent to Rs 1,165 in intra-day trade and is trading in ‘T’ group on the BSE and ‘BE’ segment on the National Stock Exchange (NSE). Shares falling in the Trade-to-Trade or T-segment are traded in BE series and no intraday is allowed.