About 2,520 shares advanced, 1,225 shares declined, and 121 shares unchanged.
Adani Enterprises share price: The shares of Adani Group's flagship company have gained over 6% in the past six months. However, the stock has fallen more than 2% in the past five days.
Adani Ports owns a majority stake in Haifa Port in Israel. The company had acquired the port for a total consideration of $1.18 billion in 2023. The port is one of Israel’s major seaports.
Adani stocks: 11 out of 12 stocks were trading in the red, with Adani Power being the only exception.
Adani Energy Solutions has signed a share purchase agreement with Maharatna PSU REC's subsidiary to acquire 100 percent stake in Mahan Transmission Limited (MTL).
All sectors barring information technology and metals ended in the red. The broader market also fell prey to profit booking with the small and midcap indices ending with losses.
At her daily news conference, White House Press Secretary Karine Jean-Pierre told reporters on Thursday that the administration is aware of the charges against Adani.
The Sensex and Nifty ended lower amid a rout in Adani stocks, with the market cap of 11 Adani companies plummeting by Rs 2.25 lakh crore. We’ll dive into the impact on Gautam Adani's net worth, sectoral movements, and key stocks to watch. Plus, insights on the Nifty PSU Bank, IT, and Realty indices, as well as a jump in India VIX. Join Lovisha Darad and Yatin Mota as they break down the key stocks to watch and discuss insights on market performance trends and sectoral movements.
While the benchmarks Nifty 50 and the Sensex ended the session in the red, the broader market outperformance, keeping the overall market breadth in favour of gainers.
Sebi chair Madhabi Puri Buch said she made all required disclosures, and no conflict of interest exists.
Markets briefly dipped but have largely shrugged off losses due to Hindenburg’s claims. Nifty fell to 24,400 amid profit booking. Mid and smallcaps outperformed, while India VIX jumped nearly 4%. PSU Banks, FMCG, and Autos lagged, while Realty, Metals, private banks, and Oil & Gas sectors gained. Catch Nandita Khemka and Yatin Mota as they discuss stocks on their radar.
Emkay Global initiates coverage on Adani Green Energy with a 'buy' rating and a target price of Rs 2,550 per share.Despite the bullish stance, the stock slipped 4% due to controversy surrounding a new Hindenburg Research report.
Adani Group’s $213 billion succession plan takes center stage as Gautam Adani outlines a strategic leadership transition, setting the stage for his sons and nephews to steer the conglomerate.
Every single sectoral index with the exception of FMCG closed in the red, with banks, realty, and PSU stocks falling the most. Adani group stocks too were among the biggest losers of the day.
Adani Ports and SEZ tanked 8 percent, Adani Wilmar was down 8.5 percent, Ambuja Cement slipped 9.6 percent, ACC tanked 9 percent while NDTV was fell over 12 percent.
Adani Ports stock has rallied 51 percent so far this year, outperforming benchmark Nifty 50 which has risen around 7 percent during this period.
Adani Total Gas has added 91 new CNG stations in the March quarter and posted strong volume growth.
Several other FPIs that also owned stocks of Adani Group companies and were accused of violations by SEBI are planning to submit settlement applications, a report said
Bloomberg has reported that the US government has widened its investigation of the conglomerate over suspicions of bribery
The rise in Adani stocks follows a report which said the conglomerate is in talks with global private equity firms and Indian banks to raise up to $3 billion
AESSTL was incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on 25 January 2024. Adani Energy Solutions acquired equity shares at a face value of Rs 10 each.
Adani Group stocks continue a robust rally, jumping 15% as a US agency dismisses fraud accusations. Investor confidence strengthens amid positive developments for the conglomerate.
After a day of consolidation, the market gained momentum with the Nifty50 closing above psychological 20,000 milestone for the first time on September 13. This was largely attributed to the rally in banking stocks. Hence, the bulls seem to be wanting to stay in the game, which can take the Nifty50 to 20,200-20,500 levels in coming days if the index holds 19,900-19,800 as an immediate support area, experts said. The BSE Sensex rose 246 points to 67,467, while the Nifty50 climbed 77 points to end at new closing high of 20,070. The broader markets also rebounded after a day of sharp correction. The Nifty Midcap 100 index gained 0.2 percent and Smallcap 100 index rose 1 percent as the market breadth was positive with 2:1 ratio. This morning global cues are mixed but the GIFT Nifty is hinting at a fresh record for the Nifty. Stocks in the spotlight are Adani Group, Bombay Dyeing and IndiGo among others. Meanwhile, the initial public offer (IPO) of FinTech-SaaS company Zaggle Prepaid Ocean Services and Samhi Hotels will kick off for subscription today. Catch Nandita Khemka in conversation with Osho Krishan, Sr. Analyst - Technical & Derivative Research, Angel One and Market expert Prakash Diwan.
The Adani portfolio companies and its businesses have acted according to the regulations and accounting standards of the jurisdictions in which they operate the group stated.
Recovery from day’s low; Nifty back above 18,700. Mid & smallcaps lose nearly a percent apiece. Breadth favours losers; Advance-decline ratio at 1:2. Metals, IT & FMCG worst sectoral performers. Nifty Bank off day’s low; private banks gain. Nifty gainers: IndusInd Bank, Airtel, NTPC, Dr Reddy’s & Asian Paints. Nifty losers: Adani Ports, Hindalco, BPCL, Tata Motors & Titan. Catch this mid-day market mood check between Nandita Khemka and Yatin Mota to know about all the buzzers in today's trading session.