Nifty heavyweights HDFC Bank, Jio Financial Services and Adani Power will be in focus ahead of the Thursday rejig in Nifty indices. These stocks are expected to be among the biggest beneficiaries of the latest semi-annual adjustment exercise that could trigger cumulative inflows of over $650 million, according to estimates by Nuvama. HDFC Bank will …
In the afternoon session on January 24, the market displayed a robust rebound, primarily driven by short covering. However, it encountered significant resistance around the 21,500 mark. On January 24, the BSE Sensex surged by 690 points, reaching 71,060, and the Nifty 50 experienced a gain of 215 points, closing at 21,454. Despite the Nifty …
Bengaluru/Mumbai: Traders and investors expected a rally in Adani group shares on Wednesday in anticipation of a favourable verdict from the Supreme Court. The apex court did not disappoint. A three-judge bench said there was no ground to doubt the investigation of the Securities and Exchange Board of India (Sebi) and did not see merit …
Gautam Adani led Adani Group of companies, including Ambuja Cement and New Delhi Television Ltd, ACC Ltd continued adding to their gains in the morning trades on Thursday on a day when benchmark indices were trading in the red. The combined market cap of the 10 Adani group listed companies had increased by about ₹27316 …
Image Source: FILE Deloitte resigns as auditor of Adani firm Deloitte has resigned as the auditor of Adani group’s port company. The decision came after Deloitte expressed a desire for a wider scope of audit responsibilities covering other firms within the conglomerate. This request followed the release of a report by a US short seller, …
Image Source : REPRESENTATIONAL PIC Adani Power started exporting power to Bangladesh Adani Power has initiated power exports to Bangladesh from its 1,600MW plant in Jharkhand’s Godda. The commercial operations date (COD) of the second unit of the 2×800 MW Godda ultra-supercritical thermal power plant, a subsidiary of Adani Power Limited called Adani Power Jharkhand …