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Sensex resumes fall after 1-day break, sinks 700 pts, Nifty below 23,300; Adani stocks bleed

Indian stock markets opened lower on Thursday, dragged down by a sharp decline in Adani Group stocks. This follows charges against chairman Gautam Adani in the US over an alleged multibillion-dollar fraud scheme. The benchmark indices, Sensex and Nifty, fell by over 1% and 0.9% respectively, with Adani Enterprises and Adani Ports being the top losers.

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