adani stock

Adani stocks rally continues, surge up to 16% as US agency calls Hindenburg charges irrelevant

Adani stocks continue a robust rally, jumping 15% as a US agency dismisses fraud accusations. Investor confidence strengthens amid positive developments for the conglomerate. Adani stocks continued to rally on December 6, surging up to 16 percent, after a report indicated that a US agency found the accusations by Hindenburg Research against the Gautam Adani-led…

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hindenburg

US agency finds Hindenburg’s allegations ‘irrelevant’ , Adani stocks zoom up to 17% after report says

Hindenburg’s allegations ‘irrelevant’ The surge propels the conglomerate’s market capitalisation to over Rs 14 lakh crore. A Bloomberg report said International Development Finance Corp (DFC) conducted a due diligence investigation before extending the group a $553-million loan The combined mcap of Adani Group companies surpassed Rs 14 lakh croreShares of Adani Group companies surged up…

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fiis

FIIs buy Rs 2,073 crore equities on December 4, push Nifty, Bank Nifty to all time high after BJP’s election wins

FIIs buy Rs 2,073 crore equities Earlier on November 30 after the exit polls predicted BJP victory in state elections, FIIs had bought Rs 8,148 crore of equities in the Indian market. FIIs were sellers of Indian equities in the 3 months before November Foreign Institutional Investors (FIIs) extended their buying in India on December…

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phillipcapital

PhillipCapital predicts surge in FII flow after BJP’s win in 3 states

PhillipCapital said this is a big positive for BJP just before the general election in Apr-May 2023. This will sustain policy continuity, drive economic growth, and maintain strong earnings, backed by consistent domestic equity investments likely to persist PhillipCapital expects a positive trend in foreign investor flows into India after the Bharatiya Janata Party’s (BJP’s)…

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