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Source: Live Mint The Indian stock market continued its downward trajectory for the fourth consecutive session on Friday, weighed down by weak global cues. Benchmark indices, Sensex and Nifty 50, declined over 0.5% on February 21, driven by heavy selling in auto, pharmaceutical, financial, and FMCG stocks. The 30-share BSE Sensex fell by 560 points…
Source: Live Mint Adani Group companies Adani Enterprises, Adani Ports, Adani Power announced their financial results for the quarter ending on December 31, 2024. Adani Group flagship Adani Enterprises reported a consolidated net profit of ₹228.64 crore, marking a sharp 88 per cent year-on-year drop from ₹1,972.75 crore in the same quarter of the previous…
Source: Live Mint Adani shares to buy: After a heavy beating on alleged bribery reports, shares of the Adani Group have been in an uptrend for the last three sessions. In the previous three sessions, Adani Green Energy’s share price surged from ₹898.55 to ₹1,315.05 apiece on the NSE, logging over 36 per cent rise…
Source: Live Mint Domestic brokerage house Motilal Oswal Financial Services (MOFSL) reaffirmed its ‘buy’ rating on Adani Ports and Special Economic Zone (APSEZ) stock, maintaining a target price of ₹1,850, implying an upside potential of almost 29 per cent. The brokerage cited the company’s strategic positioning and continued investments in port and logistics infrastructure as…
Source: Live Mint Buy or sell stocks: Following gains in the US and Asian stock markets, the Indian stock market ended at a record closing high on Friday last week. The Nifty 50 index finished 375 points higher at the 25,790 mark, the BSE Sensex shot up 1,359 points and closed at 84,544, whereas the…
