Adani Group overtaken by Bajaj, ICICI after ₹3 lakh crore market cap erosion in four sessions

The sudden drop in valuation has also pulled down the conglomerate’s rank in market capitalisation by two notches to six. Prior to the recent selloff, the ports-to-power behemoth ranked fourth after Tata Group, Mukesh Ambani-led Reliance Group and HDFC Group.

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