Adani group stocks significantly recovered, surging by up to 6% in Wednesday’s trade after experiencing a sharp decline of as much as 15% in early trading. ACC, Ambuja Cement, Adani Green Energy, and Adani Ports surged between 3-6%. In early Wednesday trade, Adani Energy Solutions declined 15%, while Adani Power fell 12%. Adani Enterprises, Adani … Read more
India’s market capitalisation can grow from $4.8 trillion now to $50 trillion in the next 20 years, National Stock Exchange (NSE) CEO Ashish Chauhan has predicted. If India must reach a market cap of $50 trillion in next 20 years, it will come on the back of tech-driven startups that will lead wealth creation, National … Read more
Mumbai: Reliance Industries, the country’s biggest stock, surged 7% Monday to a historic high of ₹2,905 apiece amid expectations that both telecom and retailing businesses will shortly list, unveiling a new chapter of value creation at the five-decade old company credited with spawning India’s equity culture through mass mobilisation of retail shareholders. With a sharp … Read more
