Market has shown great strength despite Adani saga; not driven by any one sector: Atul Suri

Market has shown great strength despite Adani saga; not driven by any one sector: Atul Suri

“You had the largest industrial group’s stocks falling 50%-70%, however, the damage on the market was just 5%. It would have been a lot more damage and lot more collateral damage that could have happened and markets have recovered,” says Atul Suri, CEO, Marathon Trends – PMS.What is the right way of looking at this … Read more

Money-spinner Adani stocks add Rs 8.5 lakh crore to investor wealth in 2022. Can their magic continue?

Money-spinner Adani stocks add Rs 8.5 lakh crore to investor wealth in 2022. Can their magic continue?

NEW DELHI: Often touted as proxies to India’s growth story, Adani stocks have had a stellar run in 2022, outpacing benchmark Nifty by a wide margin. Five of the 10 Adani group stocks gave multibagger returns to investors, rising up to 200% this year while overall the market capitalisation of all companies together saw an … Read more

Adani stocks defy technical weakness to stage smart rebound of up to 6%

Adani stocks defy technical weakness to stage smart rebound of up to 6%

NEW DELHI: A day after Adani Group stocks slipped up to 10% with four of them hitting lower circuit, all nine counters belonging to billionaire Gautam Adani‘s stable bounced back smartly today amid a rebound in the market. was the top gainer in the pack with a rally of over 6%. , , and were … Read more