US DOJ reportedly may drop criminal fraud charges against Adani Group, prompting reversal of earlier gains in Adani stocks.
Adani Enterprises fell >1% after rising 3.5% pre‑open; Adani Power down 2.5% and Adani Green Energy down ~3%.
SEC settled civil lawsuit; Gautam and Sagar Adani will pay a combined $18 million in penalties without admitting wrongdoing.
Allegations stem from a 2024 $265 million bribery indictment tied to Indian solar contracts; Adani denies any misconduct.