Beaten-up Adani stocks have now fallen below $100 billion in market value after coming under short-seller attack

• The combined market value of Adani Group's companies fell below $100 billion on Tuesday, per Bloomberg.
• The 10 listed companies have wiped out over $136 billion in market cap since a short-seller's bombshell report.
• Adani is struggling to calm nerves about Hindenburg's allegations of fraud and manipulation, which it denies.

India's Adani Group has seen the market value of its listed companies fall below $100 billion as the conglomerate struggles to calm investor nerves in the wake of a bombshell short-seller's report.

The rout in Adani stocks continued to deepen Tuesday, even after Gautam Adani, the tycoon who spearheads the group, played down the losses as "temporary" volatility last week.