Adani Stocks Crash: Investment Opportunity Or Further Fall Ahead? Akshay Bhagwat Decodes

Adani Group stocks are reeling under pressure following the latest US bribery allegations, marking yet another blow after the Hindenburg reports. All 10 Adani stocks are trading in the red, with some hitting their lower circuit. Should you invest now or wait for further correction? Akshay Bhagwat, Senior VP of Derivatives Research at JM Financial Services, advises caution, suggesting that a deeper downturn may be on the horizon. He highlights that these counters have become highly news-driven and are unsuitable for short-term traders who lack risk tolerance. Akshay Bhagwat believes the current sentiment has already spooked the market, as reflected in today’s sharp price declines, particularly in Adani Enterprises and Adani Ports. For those considering investment, patience might be the best strategy as the duration and extent of this turmoil remain uncertain. Watch the full video for expert insights and guidance on navigating the volatility in Adani stocks.