Adani group stocks in limelight; Adani Power surges over 19%
The Hindu
Adani group stocks surge on BSE as Sensex and Nifty rebound, with Adani Power leading the gains.
Adani group stocks were in heavy demand on Tuesday, with Adani Power surging over 19 per cent, bouncing back from previous day's decline.
Shares of Adani Power zoomed 19.29%, Adani Green Energy soared 14.54%, Adani Energy Solutions surged 14.38%, Adani Total Gas jumped 13% and NDTV rallied 12.50% on the BSE.
The stock of Adani Enterprises soared 8.91%, Adani Ports climbed 6%, Ambuja Cements went up by 4.79%, ACC (4.50%), Sanghi Industries (4.22%) and Adani Wilmar (3%). All Adani group stocks had ended lower on Monday's trade in-line with weak trend in equities.
Benchmark indices Sensex and Nifty rebounded on Tuesday after four days of sharp decline.
The 30-share BSE benchmark Sensex jumped 505.6 points to 76,835.61 in intra-day trade. The NSE Nifty climbed 179 points to 23,264.95.
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Stock markets rebound after four days of decline as Sensex rises 158 points, driven by tech and IT shares.