Shares of Adani Group companies slid 5-20% on Friday, with several stocks hitting the lower circuit, after a scathing report by US-based Hindenburg Research triggered a selloff. The bloodbath has erased over `4 trillion in the group’s combined market capitalisation in the last two trading sessions. On Friday, Adani Enterprises (AEL), the flagship entity of […]
Indian benchmark indices are likely to open on a muted note, hinted SGX Nifty on Wednesday. On the Singapore Exchange, Nifty futures trading lower at 17907 level. In the previous session, BSE Sensex soared 600 pts to 61,032, while NSE Nifty 50 jumped 159 pts to 17,930. “Indications are favorable for further recovery and we’re […]
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