Adani Enterprises Today, Nov 6: Stock Falls 5.28% as Traders Eye 2400 Put Build-Up

Today, we saw Adani Enterprises’ stock slip sharply. The share price fell around 5% on November 6 amid heavy derivative activity. Traders picked up significant put options at the ₹2,400 strike. That build-up suggests many are bracing for further downside. We’ll look at what triggered the drop, the option market signals, the technical setup, sentiment among investors, the fundamentals behind the company, the key risks, and what we as investors should watch next.