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The Indian stock market is in chaos with the Nifty 50 falling by 1.6%, Adani stocks hitting lower circuits, and some stocks dropping by 20%. LIC has lost 18,000 crore in public money with Adani's exposure. SEBI is increasing scrutiny on Adani Group due to the Hindenburg report. There is panic and uncertainty about how far Adani stocks will fall. Even if one has no exposure to Adani Group, there is concern over the entire Indian stock market potentially crashing.
