Adani Group’s shares showed strength, investors’ wealth increased by Rs 4 lakh crore

Adani Group’s shares showed strength, investors’ wealth increased by Rs 4 lakh crore


Share Market Closing: On the basis of positive domestic and global reasons, the last day of the week proved to be a great one for the stock market. Adani Group Stocks are also showing signs of recovering from a continuous decline of about a month. Shares of most of the companies of Adani group remained profitable today and some of them jumped more than 5-5 per cent. Due to this, the wealth of stock market investors increased by more than Rs 04 lakh crore in just one day’s trading.

The market has been booming since morning

Domestic stock markets were showing strength even before the start of trading today. Both BSE Sensex and NSE Nifty remained strong from the Pro-Open session. In Singapore, the futures of NSE Nifty were stronger than SGX Nifty by 1.50 per cent. Shortly after the start of trading, the BSE’s 30-share index Sensex had gained more than 450 points to reach near 59,400 points, while Nifty had crossed 17,475 points with a gain of about 115 points.

The stock market was so profitable

In the day’s trading, the Sensex had reached a high of 59,967.04 points at one point. It also touched a low of 59,231.58 during trading. Finally, the index closed at 59,808.97 with a gain of 899.62 points, or 1.53 per cent. At the same time, the NSE Nifty jumped 272.45 points, or 1.57 percent, to close at 17,594.35 points.

Adani Group shares rally back

The shares of Adani Group were seeing a boom since this morning. After SB Adani Family Trust sold 2.84 crore equity shares in Adani Transmission in the open market, the stock hit the upper circuit. Adani Green Energy (Adani Green Upper Circuit) The upper circuit was installed on the stock as soon as it opened.

mcap of adani group increased so much

Adani Group’s shares also benefited from the Rs 15,000 crore deal with American company GQG Partners. Shares of 7 out of 10 Adani Group Listed Stocks gained more than 5 percent today. The shares of Adani Enterprises, the flagship company of the group, saw the maximum jump of 13 per cent. In this way, in today’s business only, the market cap (Adani Group MCap) of Adani group companies increased by about 50 thousand crore rupees.

These Sensex companies also benefit

Shares of 25 out of 30 Sensex companies rose today. Tech Mahindra declined by 2.14 per cent and Ultratech Cement by 1.03 per cent. Sun Pharma, Asian Paints Shares of Asian Paints and Nestle India also suffered losses. On the other hand, SBI’s stock jumped the most by 5.11 per cent. Similarly, 3.35 percent in Bharti Airtel, 2.48 percent in ITC, 2.46 percent in Reliance Industries, 2.20 percent in Tata Steel, 2.15 percent in IndusInd Bank. acceleration was observed.



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