Adani Group stocks jump up to 20%, market cap crosses ₹13 lakh crore; here’s why

Adani Group stocks jump up to 20%, market cap crosses ₹13 lakh crore; here’s why

After a strong surge on Monday, December 4, shares of Adani Group stocks extended their gains on Tuesday, December 5, after a Bloomberg report stated that the US had examined Hindenburg allegations before giving a loan to the Group and found that they weren’t relevant. “The US government concluded that short-seller Hindenburg Research’s allegations of … Read more

Stocks to Watch: SBI, Cello World, IndiGo, Bank of Baroda, L&T, IDFC First Bank

Stocks to Watch: SBI, Cello World, IndiGo, Bank of Baroda, L&T, IDFC First Bank

Here are the top stocks that could be in focus in today’s trade: State Bank of India: India’s largest commercial bank, SBI reported an 8% year-on-year jump in the net profit as it grew from ₹13,264.5 crore in Q2FY23 to ₹14,330 crore in the quarter under review. The net interest income (NII) of the State … Read more

Stock Market Live Updates: Sensex, Nifty trade in green; Nifty IT and metal lead gains

Stock Market Live Updates: Sensex, Nifty trade in green; Nifty IT and metal lead gains

InCred Equities on Jio Financial Services Limited Not Rated | TP: NA The euphoric valuations are here to stay 1. Jio Financial Services (JFS), which was demerged from Reliance Industries Ltd (RIL), will be listed on Indian stock exchanges on August 21, Monday. RIL shareholders as of the record date of July 20 has received … Read more