Even though the session started lower, Indian benchmark indices were able to move higher and reach all-time highs on the bourses thanks to strong gains in the utilities, power and oil & gas sectors. Broader indices outperformed the main indices and the advance-decline ratio strongly remained in favour of advances. Mixed investor sentiments were observed …
The Indian benchmark indices extended their upward momentum as the BSE Sensex approached the 70,000 level. The utility and power sectors spearheaded the sectoral gains, propelled by a strong rebound in Adani Group stocks. The momentum was further bolstered by the strong performance of the oil and gas, FMCG and capital goods sectors. Conversely, telecommunications, …
Adani Group stocks are surging today, with every stock related to the Adani Group trading higher. This surge is prompting investors to consider investing in them. We are aware that on January 24, Hindenburg Research released a report alleging that the Adani Group, a prominent conglomerate in India, had been involved in a long-standing scheme …
Despite securities markets reeling under the heat of the Russia-Ukraine war since Feb 2022, Adani Group has been on a roll. No concerns over soaring energy prices, rising inflation, and monetary tightening have marred the prospects of Adani Group companies. These stocks continue to soar to new heights, thus propelling Gautam Adani into the list …
The shares of Adani Group have rewarded the investors through its recent performance. The share prices of five of its seven listed companies are soaring high in the stock market. Analysts believe that this boom in Adani Group’s stock price is due to its diversification and expansion into new businesses. The details of the performance of …
The past year for Adani Group stocks was challenging due to the Hindenburg report, which raised concerns about the company’s financial practices. However, recent developments, including a clean chit from the Supreme Court of India and positive credit rating adjustments by Moody’s and S&P, are painting a brighter picture for the Adani Group. Credit Rating …
In a significant development, Adani Group stocks witnessed strong gains in early trade on Tuesday, November 28, as the Supreme Court (SC) concluded hearings on several petitions demanding an inquiry into the Adani-Hindenburg matter. The Securities and Exchange Board of India (Sebi) also informed the SC that it does not need additional time to complete …
As a part of a review of the surveillance action, the price band is revised in the various stocks and will be effective from June 7, 2023, the exchange said. On June 6, 2023, BSE Limited announced the revision of the circuit limit on stocks. Today is going to turn out to be an interesting …
Adani Group stocks surged on Wednesday, defying market volatility amid the lingering Hindenburg saga. The Supreme Court’s impending verdict on the allegations against Gautam Adani’s empire adds anticipation, given the prior market downturn and substantial investor losses. Market Highlights Today in early trading, Adani Energy Solutions saw the highest percentage gain, rising by 15.55% and …
The Indian headline indices started the session much higher, driven by robust gains in the Bajaj Twins, namely Bajaj Finance and Bajaj Finserv. The financial services, banking and consumer durables sectors gained the most, while telecommunications, energy and oil and gas performed the worst. Adani Group stocks were rising, while Adani Ports and Special Economic …
