Adani Group stocks witnessed significant fluctuations in Friday’s trading session, rebounding after a $27 billion rout on Thursday. Despite the turbulence, 10 out of 11 group companies managed to turn positive, showing signs of recovery after a tough start to the day.
Early Losses and Recovery:
F&O Ban on Adani Enterprises:
Adani Enterprises remains in the Futures and Options (F&O) ban, limiting the creation of new positions. Existing positions, however, can still be adjusted.
Impact of External Factors:
Overall Market Impact:
| Adani Group Stocks | Intraday Fall | Recovery |
|---|---|---|
| Adani Enterprises | -7% | 6% |
| Adani Ports | -6% | 4% |
| Adani Green Energy | -11% | 5% |
| Adani Energy Solutions | -9% | 3% |
| Adani Power | -7% | 5% |
Adani Group’s stock performance reflects continued volatility, triggered by a mix of external pressures and regulatory scrutiny. While most stocks rebounded from their intraday lows, the overarching challenges, including funding access and geopolitical factors, may keep the group under market watch. Investors are advised to stay cautious amid evolving developments.
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