Adani group shares plunge 18% in Hindenburg report aftermath; Adani Power, Wilmar hit lower circuit

Adani group share tumbled up to 18% on Friday in the aftermath of the 103-page report released by US-based forensic financial research firm Hindenburg Research, which alleged accounting fraud, stock manipulation and improper use of offshore tax havens by the group. Continuing the sell-off seen on Wednesday, Adani Enterprises shares fell more than 3% to […]

Markets Wrap – Mon, 6 Feb ‘23: Nifty, Sensex surge, rupee appreciates; Asia, US markets, Gold, Crude updates

Indian benchmark equity indices closed Monday’s session broadly higher. The BSE Sensex closed above 60,200 and the NSE Nifty 50 settled above 17700. Bank Nifty concluded above 41350. The top gainers of the Nifty 50 were Adani Enterprises (up 5.45%), Tata Motors (up 2.92%), ONGC (up 2.56%), NTPC (up 2.35%) and Power Grid (up 2.32%) […]

IMD Weather Forecast: Dense fog to continue over northwest India, fresh rainfall spell over Tamil Nadu – Know more

The India Meteorological Department (IMD) in its latest weather forecast said that the northwest India is expected to experience continued dense to very dense fog over the next 3-4 days, affecting visibility and disrupting travel. Most parts of Punjab, significant portions of Haryana, Chandigarh, and Delhi, as well as some areas in Uttar Pradesh, are […]

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