Adani Group Stocks Surge; Adani Power Rallies Over 7%

Adani Group stocks experienced significant gains as the market rebounded, with Adani Power Ltd. leading the pack

Among the Adani Group stocks, Adani Power Ltd. saw the highest intraday gain, surging by 7.42% to reach Rs 550. Adani Energy Solutions Ltd. followed closely with a 6.64% increase, hitting Rs 882.

Adani Green Energy Ltd. also performed well, rising by 5.98% to Rs 932. Adani Enterprises Ltd. climbed 5.87% to Rs 2,383.1, while Adani Ports and Special Economic Zone Ltd. increased by 5.26% to Rs 1,375.

Adani Total Gas Ltd. saw a 6.47% rise, reaching Rs 640. Other notable gains included Sanghi Industries Ltd. up 3.37% to Rs 60.49, NDTV Ltd. 3.95% higher at Rs 121.99, and ACC Ltd., which rose 2.89% to Rs 1,863.9.

The broader market also reacted positively to the developments. The NSE Nifty 50 jumped by 2.43%, reaching 24,590.35, while the BSE Sensex rose 2.39%, hitting 81,350.88.

The rebound was anticipated, given at pre-open, the NSE Nifty 50 was 1.72%, or 412.10 points higher at 24,420.10, and the BSE Sensex was 1.71% or 1,349.33 points up at 80,803.80.

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