Adani group stocks surge up to 6% a day after Lok Sabha election results

Adani group stocks surge up to 6% a day after Lok Sabha election results

Adani group stocks significantly recovered, surging by up to 6% in Wednesday’s trade after experiencing a sharp decline of as much as 15% in early trading. ACC, Ambuja Cement, Adani Green Energy, and Adani Ports surged between 3-6%. In early Wednesday trade, Adani Energy Solutions declined 15%, while Adani Power fell 12%. Adani Enterprises, Adani … Read more

Adani Ports among 4 sell ideas from Axis Securities this week

Adani Ports among 4 sell ideas from Axis Securities this week

Adani Ports, UPL, Aarti Industries and Ambuja Cement are four stocks on which Rajesh Palviya, SVP – Technical & Derivatives Research, Axis Securities, recommends a sell. “Adani Ports demonstrates a bearish sentiment as it recently breached the medium-term upward-sloping trendline. It is currently trading below critical moving averages (20, 50, and 200-day SMA), accompanied by … Read more