Shares of Adani Group closed sharply higher.
Mumbai:
Adani Stocks in Share Market: In the stock market on Monday, the shares of many Adani Group companies saw a surge. This pace continued from morning till evening. Most of the stocks traded bullish throughout the day. This makes it clear that the impact of the report of the American organization OCCRP, which was not even on Friday, was not seen on Monday either. This clearly shows that the report has fallen flat and investor confidence in the group remains intact. This shows that investors have also considered this report as a hoax.
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Let us tell you that the local stock markets saw a surge in the early trade on Monday amid positive global trends. Domestic markets also trended positive due to inflow of foreign funds. BSE’s 30-share Sensex was up 243.69 points at 65,630.85 and NSE Nifty was up 91.5 points at 19,526.80 in early morning trade. In the evening, the Sensex surged 240 points to 65628 and the NSE Nifty also surged 93.50 points to 19,528.80.
9 out of 10 Adani Group companies rose when the market opened in the morning, while the market rallied shortly after and shares of most of the group companies remained strong with green marks.
In the evening, many shares of Adani Group were closed with a surge in the market.
- Shares of Adani Enterprises closed at Rs 2470 with a jump of 20 points.
- Adani Green rose 10 points to close at 959.
- Adani Ports (APSEZ) settled at 801 with an increase of 1.55 points.
- Adani Power rose 11 points or 3.48 percent to close at 341.
- Ambuja Cement rose 7 points to close at 441.
- ACC shares rose 47 points to close at 2058.
- Some companies of Adani Group were closed in red today. These include shares in Adani Energy Solutions, Adani Wilmer, NDTV and ATGL.
Around 12 noon Adani group companies were also trading briskly.
- At this time Adani Enterprises shares were trading at 2474 up by 24 points.
- Shares of Adani Green were trading higher at 955.
- Adani Ports share Rs. It was trading in green at 801.
- Shares of Adani Power were trading higher at 337.
- Adani Wilmar share Rs. It was trading in the green mark at 352.
- Shares of Ambuja Cement were trading at Rs.7,441.
- ATGL also remained bullish and was trading at 638.
- ACC shares also saw a slight bounce and were at 2042.
- Shares of Adani Energy Solutions and NDTV were trading in the red.
Around 10 am Shares of Adani Enterprises, the flagship company of the Adani Group, saw a jump of over 15 points to Rs. was trading at 2466.
Shares of Adani Ports (APSEZ), another key company of the group, also saw gains. The stock was trading at 804 with an increase of over 5 points.
Shares of Adani Power were trading at Rs 336 with a rise of 6 points.
Shares of Adani Wilmar were seen trading in the green. This share is Rs. was trading at 353.
At the same time, shares of Ambuja Cements were trading at 440, up nearly 7 points.
Shares of another group company ATGL also rose. The stock was trading at 635.
ACC, another cement company of the group, was trading up 24 points at Rs.2036.
Three companies of the group were trading in the red. These include shares in Adani Green, Adani Energy Solutions and group media company NDTV.
(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani group company.)