INDIA MARKET LENS
◆ Mixed

Why Adani Total Gas lost 5%, Adani Ports fell 2% despite gains on Sensex, Nifty | Check how other Adani stocks performed

BSE moved lower.

21 Sept 2026 · LiveMint Markets

Adani Group stocks fell on Monday, diverging from a rising Indian equity market, supported by easing crude oil prices. While Adani Total Gas, Ports, and Power declined, others like Adani Green Energy saw gains.

BSE reported movement of 5% and 2%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -2.3% on the day at ₹1,742.00, and has returned -4.3% over three months. It sits 8% below its 52-week high. The infrastructure sector has moved -14.3% over the same period, so Adani Ports is running 10.0 points ahead of its peers.

This is an Input cost / crude event. India imports most of its crude, so input costs pass through to margins downstream and to the rupee. Producers and consumers of the same input move in opposite directions. On the day the stock is -2.3%, so the market took notice.

  • With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
  • The company directly in focus is ADANIPORTS.
  • Sector exposure: Infrastructure, Power.
ADANIPORTSInfrastructurePower