Slow start to stock market, Sensex-Nifty open on green, Adani shares still on the upswing, Jio surges

The stock market started off sluggish today, but green. Bombay Stock Exchange’s flagship Sensex opened marginally higher at 64831 on Friday. While Nifty of National Stock Exchange is at the level of 19258. 8 out of 10 shares of Adani Group were trading in the red. Whereas, Jio Financial Services was booming.

The Sensex was trading at 64907 with an increase of 76 points in early trade. On the other hand Nifty was up 45 points at 19299. Tata Steel, Hindalco, Jio Fin, ONGC and JSW Steel were among the top Nifty gainers while NTPC, Adani Ports, L&T, Asian Paints and Infosys were the top losers.

Also Read: Gautam Adani suffered many setbacks, his status declined, his wealth declined and his position declined.

If we talk about the shares of Adani Group, Adani Power, Adani Enterprises, Adani Green, Adani Wilmar, Adani Port, Adani Total Gas, Energy Solutions, NDTV were on red mark in early trade. At the same time, Ambuja Cement and ACC were trading in the green.

Also read: After Adani, OCCRP targets this company, know the impact on the stock

Let us tell you that 10 shares of the Adani Group saw a panic sale after the manipulation allegations, but the decline was not as severe as the first disclosure by Hindenburg Research on January 24, 2023. Significantly, in previous disclosures, the group had a total loss of over $48 billion.