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The adani Group shares are in a free fall declining for the second straight day after U.S short seller Hindenburg research scaling report on the conglomerate the fall and the heavyweights shares have weighed on broader Indian Benchmark indexes which have also plunged to three month lows even as Global sentiment has improved for risk assets hit lower circuits a stock hits a lower circuit when there is intense selling pressure and the trading in a particular stock is not allowed in exchanges after the price of those shares Falls to a lower band other shares of adani entities are down nearly 15 for the day the conglomerate has dismissed the Hindenburg researchers claims as baseless and warned of legal action in retaliation the U.S short seller has challenged the adani group to sue them in the U.S warning that Hindenburg can then through the Courts request for more documents to further support their claims what has not helped the Indian conglomerate is the support for Hindenburg from bil