Sensex, Nifty tank 7% as BJP tally surprises Dalal Street
Equity benchmark the BSE Sensex fell 6.8% as of 12:15 pm while the Nifty 50 Index was down as much as 7%.
Equity benchmark the BSE Sensex fell 6.8% as of 12:15 pm while the Nifty 50 Index was down as much as 7%.
Adani Group focused on containing debt, and reducing founders share pledges in FY24, Jefferies says
Revenue drops 38% year-on-year to ₹25,438 crore in the first quarter
Gautam Adani-led conglomerate last year signed a deal to acquire a 100% stake in Swarna Tollway Pvt Ltd and 56.8% Gujarat Road and Infrastructure Company Ltd
The short-term ASM mechanism gets triggered under certain conditions of price volatility in any stock.
Adani Enterprises stock jumps 17% in intraday trade to ₹2,303.50 apiece on the NSE.
Shares of Adani Enterprises jumped as much as 5% to ₹1,842 apiece on the NSE.
Dow Jones will remove Adani Enterprises from its sustainability indices with effect from February 7, 2023.
The Adani Group company says it aims to protect the interest of its investing community by returning the FPO proceeds.
Composition of the index is a key matrix that is keenly observed by smart money.