Even on the third trading day of the week, the shares of Adani Group are witnessing a stormy rise. There is an increase in the shares of 9 out of 10 companies. There is an increase of 16 percent in the shares of Adani Green and Adani Total Gas. Shares of Adani Enterprises and Adani Port SEZ have increased by 6 to 7 percent. The special thing is that the market cap of Adani Group has seen an increase of Rs 77 thousand crore in just one hour. Due to which the market cap of Adani Group has reached Rs 14.65 lakh crore.
Adani’s excellent performance continues
Meanwhile, Adani Energy Solutions, Adani Power, NDTV, Adani Wilmar and Ambuja Cements saw gains of 13 per cent to 1.2 per cent. Only ACC Limited’s shares are witnessing a decline. Adani Group’s market cap saw an increase of Rs 1.93 lakh crore, which is its best performance in a day. On Tuesday, the total market cap of all the companies was slightly less than Rs.
This rise has started with the victory of the Bharatiya Janata Party (BJP) in the three states of the Hindi heartland, Rajasthan, Madhya Pradesh and Chhattisgarh. After that, the Bloomberg report gave a big relief to Adani Group in which a US International Development Finance Corporation (DFC) official was quoted as saying that the allegations of Hindenburg Research were not relevant. The US agency had recently announced funding of $553 million for the group’s port business in Sri Lanka.
Nifty near 21 thousand points
On the other hand, the stock market has reached a new record level today. Bombay Stock Exchange’s main index Sensex is trading at 69,535.87 points with a gain of 239.73 points in the afternoon. Whereas during the trading session the Sensex came down to 69,673.83 points. If the market continues to rise like this, the Sensex will cross the level of 70 thousand in a few days. National Stock Exchange’s main index Nifty 50 reached close to 21 thousand points. At present, Nifty is trading at 20,899 points with a gain of 43.90 points. During the trading session, Nifty reached a new record level of 20,958.65 points.
