and , the companies that recently came under Adani Group’s stable, saw heavy sell-off on Friday as traders dumped the entire group amid concerns over corporate misgovernance and stock manipulation allegations made by US-based short-seller and research firm Hindenburg Research. ACC shares tumbled 20% to a 21-month low of Rs 1,732.60 on the NSE, while … Read more
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
Beating the Tatas and the Adani Group stocks, Mukesh Ambani’s (RIL) has emerged as the largest wealth creator on Dalal Street in the last 5 years. With a gain of Rs 13 trillion, has emerged the largest wealth creator over 2017-22 and for the 4th fourth time in succession, shows ‘s wealth creation study. This … Read more
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
NEW DELHI: With Tuesday’s intraday gain, the BSE Sensex has climbed over 9,100 points from June low, outshining regional global peers by a good margin. The Dalal Street gains, Rs 50 lakh crore in market value terms, have largely been led by hopes that the domestic economy may stay on a strong footing even as … Read more
Shares of Adani Group’s flagship firm hit a new peak on Friday after the announcement of its inclusion in the Nifty50 index in the upcoming rejig. Adani Enterprises led by Gautam Adani, Asia’s richest and world’s third, will become part of Nifty50 from September 30, its upcoming periodical review. Adani Enterprises will replace , a … Read more
The total market capitalization of BSE-listed companies jumped close to Rs 43.88 lakh crore in the last two weeks and hit an all time high of Rs 280.52 lakh crore on August 18 from Rs 236.62 lakh crore on June 17. For this study, ETmarkets.com has considered the market capitalization of only BSE500 companies, which … Read more
Indian market recouped losses and closed in the green on Tuesday for the fifth consecutive day. The S&P BSE Sensex closed above 58,100 while the Nifty50 closed flat but above 17,300 levels. Sectorally, buying was seen in power, utilities, public sector, consumer discretionary, and FMCG while some selling was seen in realty, IT, capital goods, … Read more
New Delhi: The domestic equity market continued to remain in flavour on the back of favourable global cues, which lifted the indices higher. Sensex hit 57,500 mark during the week, with Nifty50 settling over the 17,150 level. Both benchmark indices rallied close to 3 per cent during the week and this was their best weekly … Read more
New Delhi: The last week of June was a mixed bag for domestic equity markets as benchmark indices settled with marginal gains. Weak rupee, FII numbers, looming fear of recession and inflationary pressure continued to weigh on sentiments. However, strong auto sale numbers and decent GST collection in June lifted sentiments. Benchmark indices – BSE … Read more