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GQG sells ~20M shares in auction as Adani Energy Solutions drops 10%

GQG Partners sold about 20 million shares of Adani Energy Solutions during India’s closing auction on Monday, overwhelming demand from passive funds and contributing to a 10% fall,

ADANIENSOL

GQG Partners sold about 20 million shares of Adani Energy Solutions during India’s closing auction on Monday, overwhelming demand from passive funds and contributing to a 10% fall in the stock..The sale came as investors were positioning for MSCI Inc.’s index reba…