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Metal, energy and power stocks witnessed selling pressure while buying in auto and consumer durable counters capped the losses.
Deloitte, Adani Ports' auditor since May 2017, quit amid concerns over certain related party transactions that Hindenburg had raised and which the company did not wish to look into independently, Reuters reported on Friday.
Milliondots, the company Kenz founded with his college friend Muzammil Muhammed, is into stock trading education.
Rallying for the fourth straight day, the 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade.
The country's largest insurer and leading institutional investor in the Adani group has seen the market value of its holdings in Adani stocks increase by around Rs 5,500 crore since April, stock exchange data showed.
The move comes days after a rout in its stocks following criticism by a US short-seller.
The Adani conglomerate - controlled by one of the world's richest men Gautam Adani - lost $11 billion in market capitalisation on Wednesday in India.
The flagship Adani Enterprises fell about 3%, while Adani Ports and Special Economic Zone sank more than 6%.
The Indian billionaire stock investor was known as 'India's Warren Buffett'.
Jack Ma-led Alibaba and Ant Financials have exited Paytm E-commerce Pvt Ltd, the parent entity of Paytm Mall.