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Adani Group shares are falling for the second consecutive day after Hindenburg Research released a report on the conglomerate. This decline has affected Indian Benchmark indexes and other Adani entities, with heavy selling pressure leading to lower circuits. The conglomerate has denied the claims by Hindenburg and threatened legal action. Hindenburg has challenged Adani to sue them in the US, warning of more document requests through the courts. Global sentiment for risk assets has improved, but Adani Group's shares continue to plummet.
