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
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
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
Indian market closed in the red for the second consecutive day in a row on Tuesday following muted global cues. The S&P BSE Sensex was down by more than 150 points while the Nifty50 closed below 15,800 levels. Sectorally, selling pressure was seen in energy, oil & gas, auto, finance, and metal stocks while buying … Read more
Mumbai: Adani Enterprises has a ‘high chance’ of replacing Shree Cement in the benchmark Nifty in the semi-annual index review in September, according to Edelweiss Alternative & Quantitative Research. The changes in the index will be announced in the second half of August, and the rebalancing date would be on September 30. Abhilash Pagaria, head … Read more
MUMBAI: The Securities and Exchange Board of India has kept Adani Wilmar’s initial public offering issue “in abeyance” given the pending investigation against the parent . Adani Wilmar, which is a joint venture between Adani Enterprises and Wilmar Group, had filed its draft red herring prospectus with SEBI earlier this month for Rs 4,500 crore … Read more
MUMBAI: Adani Wilmar, a 50-50 joint venture between Adani Enterprises and Wilmar Group, has today filed a draft red herring prospectus with the SEBI, said in a filing to the bourses. Adani Wilmar will raise Rs 4,500 crore through a fresh issue of equity shares. The company’s existing shareholders will not sell any stake in … Read more