Stock Market

Billionaire Gautam Adani's, Adani Group, faced another day of market losses on Wednesday as all 10 of its stocks ended the day in the red. The group's market valuation fell by approximately Rs 51,294 crore, or roughly $7 billion USD. The…

TNI Bureau: The Hindenburg Research report continues to affect the company and wealth of Indian tycoon Gautam Adani, the chairman of the Adani Group of companies. The Adani Group of companies is said to have lost over $48 billion (Rs…

TNI Bureau: A New York-based investor research firm accused industrialist Gautam Adani’s companies Adani Group of “brazen stock manipulation and accounting fraud scheme. According to reports, investor research firm Hindenburg Research,…

The BSE benchmark index briefly hovered in the positive zone as the index touched a high of 58,028 this morning.

Key indices Nifty50 climbed over 150 points to trade above 17,000 levels and the S&P BSE Sensex jumped over 450 points to trade at 57,149 levels.

Later in the day, Adani Enterprises issued a statement claiming that the media reports were false.

The BSE Sensex declined 136 points and Nifty slipped 28.04 percent today. The markets ended in red, BSE Sensex closed 135.78 points or 0.34% lower at 39,614.07 and NSE Nifty ended at 11,647.85, down 28.40 points or 0.24%.