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Tag: stock markets

Sensex, Nifty rally around 1% on strong macro data, global cues; metal, power shares lead gains

Posted on September 1, 2023 By admin
Sensex, Nifty rally around 1% on strong macro data, global cues; metal, power shares lead gains

Representational image | Photo Credit: PTI Equity benchmark Sensex on Friday rallied around 556 points, logging its best single day in two months, while Nifty closed above the 19,400 level on value-buying in power, metal and oil stocks following strong domestic macro data and global cues. The BSE barometer closed higher by 555.75 points or…

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Most Adani Group Stocks Rise As Markets Shrug Off OCCRP Allegations

Posted on September 1, 2023 By admin
Most Adani Group Stocks Rise As Markets Shrug Off OCCRP Allegations

Most Adani Group stocks were trading higher at around 1 p.m. on Friday. Indian stock markets shrugged off the allegations raised by the OCCRP report alleging “opaque” trading by Adani Group.  After the initial reaction on the day the report was released, there was no follow through selling in the Adani group stocks. The general…

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