Adani Enterprises
Adani-Hindenburg Saga: Adani Group suffers another blow as MSCI drops two firms from India index
Fri, May 12, 2023
The Adani Group's woes continue as MSCI drops Adani Transmission Ltd and Adani Total Gas Ltd from its India Index, adding to the market rout triggered by the Hindenburg report earlier this year.
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Hindenburg fallout: Adani Group suspends work on Rs 34,900 crore petrochemical project - here's why
Sun, Mar 19, 2023
Billionaire Gautam Adani-led conglomerate has suspended Rs 34,900 crore petrochemical project work at Mundra in Gujarat as it focuses on resources to consolidate operations and address investor concerns following a damning report by a US-based short seller, news agency Press Trust of India (PTI)
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LIC's debt exposure in Adani group companies dips marginally to Rs 6,183 crore as of March 5
Mon, Mar 13, 2023
Finance Minister Nirmala Sitharaman said, "The Life Insurance Corporation of India (LIC) has informed that its debt exposure to Adani Group of Companies, was Rs 6,347.32 crore and Rs 6,182.64 crore, as on December 31, 2022, and March 5, 2023, respectively".
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Share Market HIGHLIGHTS: Sensex ends 671 pts lower, Nifty sinks below 17,450 as D-Street extends losses to 2nd day amid global sell-off
Fri, Mar 10, 2023
Share Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 extended losses to a second straight day on Friday after a gap-down start, amid negative global cues after a bank stocks-led riot on Wall Street following the launch of a share sale by US-based tech lender SVB Financial to shore up its balance sheet. Fears about higher-for-longer benchmark interest rates resurfaced among investors ahead of key jobs data from the US due later in the day.
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3 Adani Stocks Put Under Short-Term Surveillance By NSE; Here's What It Means
Thu, Mar 09, 2023
As many as three Adani Group stocks - Adani Enterprises, Adani Power Ltd and Adani Wilmar- have been put under the short-term additional surveillance mechanism (ASM) framework, said a circular by National Stock Exchange (NSE). The order will come into effect from Thursday, the circular said.
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NSE puts 3 Adani group stocks under Additional Surveillance Measure
Thu, Mar 09, 2023
Three Adani Group stocks -- Adani Enterprises, Adani Power and Adani Wilmar have been placed under the short-term additional surveillance measure (ASM) framework of the National Stock Exchange (NSE), effective from March 9
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Share Market HIGHLIGHTS: Sensex rebounds 503 pts from day's low, Nifty settles at 17,754; ITC, ICICI Bank lead recovery
Wed, Mar 08, 2023
Share Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 recovered intraday losses in the second half of a volatile session on Wednesday, that began with a gap-down start owing to negative global cues, as investors returned to trade after a mid-week holiday for Holi. The Indian stock market tracked weakness across major markets around the globe on Wednesday morning after Fed Chair Jerome Powell said in his testimony to Congress the US central bank will likely need to hike interest rates more than previously expected. However, mild gains in European markets, shrugging off weakness in their major Asian peers, as well as Dow Jones futures aided investor sentiment on Dalal Street.
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NSE removes Adani Enterprises from ASM Framework after a month
Tue, Mar 07, 2023
Adani Enterprises is finally set to move out from NSE's short-term ASM, after being under the framework for a month. The group's other two stocks--Adani Ports and Ambuja Cements exited the short-term ASM on Feb 13.
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Gautam Adani slips to 30th spot in world’s richest list a month post Hindenburg report
Mon, Feb 27, 2023
Once among the top three world’s richest, Gautam Adani slipped to 30t position on the world billionaire index list after a US forensic audit firm Hindenburg Research released a report on January 24, 2023.
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Adani-Hindenburg fallout: Orient Cement terminates MoU with Adani Power Maharashtra
Thu, Feb 23, 2023
Adani Group News: Earlier in September 2021, Orient Cement had signed an agreement with APML for 'facilitating bona fide use of land identified for exploring the possibility of establishing a cement grinding unit (CGU) at Tiroda (in Maharashtra)'.
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Share Market HIGHLIGHTS: Sensex ends 354 pts below day's high on F&O expiry day, Nifty sinks below 17,550
Thu, Feb 23, 2023
Share Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 swung between gains and losses amid volatile trade on Thursday, the last session of the February F&O series. Typically, the last session of a monthly series is marked with volatility as traders rush to square off their open positions. The Indian share market received mixed signals from global markets, mirroring the handover from Wall Street after the release of FOMC minutes of its last policy review. Back home, minutes of the RBI's first review of 2023, released on Wednesday, revealed an overall hawkish tone of policymakers.
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Top triggers for Sensex, Nifty when they resume trading on Thursday
Wed, Feb 22, 2023
Anil Singhvi Strategy on Nifty, Bank Nifty: Support in Nifty is seen at 17,350-17,450 while resistance is seen at 17,700-17,750. As for Bank Nifty, support is seen at 39,425-39,500 while resistance is seen at 40,000-40,700
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Bears maul bulls as Sensex tanks over 900 points, Nifty plunges 250 points; rout in Adani Group stocks
Wed, Feb 22, 2023
In the 50 stock Nifty50, 2 stocks advanced against 48 declines. The gainers were ITC and Bajaj Auto while the top losers were Adani Enterprises (-11%), Adani Ports (-7.24%), Grasim Industries, Bajaj Finance and JSW Steel
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Adani share price: Barring Adani Ports, all group stocks continue to bleed; a look at latest in Adani vs Hindenburg
Wed, Feb 22, 2023
Adani group stock price BSE, NSE today: Barring Adani Ports (ADANIPORTS), which secured mild gains, all Adani group stocks faced sustained selling pressure on Monday in more pain for investors amid a crisis at the embattled conglomerate. Here's a lowdown on latest news about Adani group companies.
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Closing Bell: Lackluster closing for Sensex, Nifty as profit booking weighs on D Street; Adani Enterprises top loser
Tue, Feb 21, 2023
In the 50-share Nifty50, 20 stocks gained while 30 declined. The top gainers were NTPC, Britannia Industies, Tata Steel, Reliance Industries and Power Grid while the top losers were Adani Enterprises, Apollo Hospitals, Coal India, Bajaj Auto and Tata Motors
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Closing Bell: Nifty slips 99 points, Sensex down by over 300 points as Reliance, HDFC play spoilsport
Mon, Feb 20, 2023
In the 50-share Nifty50, 20 stocks advanced while remaining 30 declined. The top gainers were Divi's Laboratories, UltraTech Cement, Tech Mahindra, Power Grid and Hindalco Industries while the top losers were Adani Enterprises, Cipla, Britannia Industries, BPCL and UPL
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