Adani Enterprises share price dropped as much as 2.63%, while Adani Ports share price fell 2.72%. Adani Total Gas, Adani Green, Adani Energy Solutions and Adani Power shares were down between 1% and 2%.

The Wall Street Journal (WSJ) reported that the US has likely issued a new investigation into Gautam Adanis port-to-power empire, alleging links between Adani entities and Iranian LPG. Adani Enterprises have rejected the buzz.

Shares of Adani Group firms fell between 1% and 2.5% on June 3, a day after the Wall Street Journal reported that US prosecutors were investigating whether Adani group companies imported Iranian LPG into India through their Mundra port in Gujarat.