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Adani Share Price: Adani Group Stocks, which have been falling continuously for almost 3 weeks, got relief on the first day of the last week of the month. Adani Group’s decline appeared to stop in Monday’s trade and all 10 stocks ended the business with gains. Some shares of the group saw a rise of up to 5 per cent.
These stocks led the rally
The biggest gain in the business on the first day of the week was in the price of NDTV. Its share was up by 4.99 percent. Flagship stock Adani Enterprises saw a gain of up to 3 per cent. During Friday’s trading, it had gone up to 10 per cent loss. Adani Power registered a gain of more than three and a half percent.
Their feelings also became strong
If we look at other shares of Adani Group, Adani Transmission strengthened by 2.50 percent. Adani Total Gas remained in profit of more than 2 percent. The prices of ACC Cement and Ambuja Cement rose by one and a half per cent each. The price of Adani Ports increased by more than one per cent. At the same time, the shares of Adani Wilmar and Adani Green also remained in the green zone.
Performance of all stocks:
| company’s name | Today’s closing price (on BSE, in Rs) | Change (in %) |
| ndtv | 225.05 | 4.99 |
| Adani Enterprises | 2303.00 | 3.13 |
| Adani Green | 968.35 | 0.92 |
| Adani Ports | 723.90 | 1.32 |
| Adani Power | 251.05 | 3.57 |
| Adani Transmission | 771.20 | 2.35 |
| Adani Wilmar | 406.70 | 0.66 |
| Adani Total Gas | 646.35 | 1.94 |
| acc |
1795.20
|
1.54 |
| Ambuja Cement | 433.10 | 1.62 |
There was such a decline a day ago
Before this, this month has not proved to be good for the Adani group. During the last 3 weeks, Adani group has suffered losses on most of the days. Before today, there was a huge fall in the shares of Adani Group on Friday. On Friday, all the 10 shares of Adani Group were in loss and the decline also came up to 10 per cent. Almost half of the shares were in loss of 5-5 per cent.
Hindenburg’s ghost is not left behind
In fact, even after 5 months, the ghost of Hindenburg is not leaving the Adani group. Last week, there were reports that US market regulator SEC is preparing to investigate Hindenburg’s allegations against Adani Group. As soon as this news came out, the shares of Adani Group were completely shattered on Friday. Let us tell you that the Adani group is already facing the investigation of the domestic market regulator SEBI, which is being monitored by the Supreme Court.
Such was the condition of the domestic market
If we look at the domestic market, today was a mixed day. Both the major indices BSE Sensex (BSE Sensex) and NSE Nifty (NSE Nifty) started trading on Monday with a slight rise, but went into the red mark by closing. Although their decline was minor. After the end of trading, the 30-share BSE Sensex fell below the 63,000-mark with a slight loss. Similarly, a slight decline was also recorded in Nifty. Domestic markets have been in loss for the third consecutive day. During the last week, after making a new all-time high on Wednesday, there has been a sell-off in the domestic market.
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