Adani Group stocks demonstrated resilience, with the group's market capitalisation down a mere 1.8 per cent, outperforming the broader Nifty's 0.7 per cent dip. Adani Enterprises saw a 1.9 per cent decline, while ACC fell just 0.3 per cent.
The Sensex surged by 132.44 points, closing at 73,961.31, while the Nifty climbed by 42.05 points, reaching 22,530.70. The upbeat sentiment was reflected in the performance of Nifty-listed companies, with advances outnumbering declines.
According to a Bloomberg report, market regulator SEBI has asked many global funds, who have invested in Adani Group stocks, to defend themselves against allegations of improper disclosures and market manipulations
SEBI said it is committed to ensuring market integrity and that the markets continue to have the appropriate structural strength to function in an uninterrupted, transparent and efficient manner
Several opposition parties raised critical issues, including the recent stock market matter, concerning Adani Group stocks. Members of Parliament (MPs) asked the government to hold a discussion on the matter as it concerns the economy of the country, and therefore concerns the people at larg