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The Adani Group, one of India’s largest conglomerates, has recently come under scrutiny following Fitch Ratings’ decision to downgrade the outlook for several of its entities. Fitch highlighted concerns over governance issues, rising funding costs, and accessibility to capital, placing certain bonds on “rating watch negative.” Key entities such as Adani Ports, Adani Energy Solutions,
The Indian stock market witnessed a stellar performance today, with the BSE Sensex surging over 2,000 points to close at 79,117.11, marking a 2.54% gain. The Nifty50 also displayed exceptional resilience, crossing the 23,900 mark and ending the session at 23,907.25, up 2.39%. This impressive rally helped the collective market capitalization of BSE-listed companies rise
Dalal Street witnessed a rollercoaster session on Tuesday, marked by initial optimism and a late-session pullback. After several days of southward movement, the Sensex experienced a sharp relief rally, surging over 1,100 points during the mid-session as buying momentum swept across sectors. However, the rally was short-lived, with late selling eroding much of the day’s