Adani valuation boost: Group firms gain Rs 1.78 lakh crore in two days; Sebi clearance fuels investor confidence
Adani valuation boost: Group firms gain Rs 1.78 lakh crore in two days; Sebi clearance fuels investor confidence
Adani Group stocks surged, adding Rs 1.78 lakh crore in two days, fueled by heavy buying after Sebi dismissed Hindenburg's allegations. The regulator found no evidence of stock manipulation or misuse, boosting investor confidence across the group's listed firms. Adani Power led the rally, hitting its upper circuit, followed by significant gains in other Adani companies.
Adani Group stocks surged, adding Rs 1.78 lakh crore in two days, fueled by heavy buying after Sebi dismissed Hindenburg's allegations. The regulator found no evidence of stock manipulation or misuse, boosting investor confidence across the group's listed firms. Adani Power led the rally, hitting its upper circuit, followed by significant gains in other Adani companies.