Adani Share Price: The selling pressure on Adani Group Stocks since last week continues. Most of the group’s shares fell in Tuesday’s trade. However, on the other hand, NDTV, the media stock of Adani group, managed to establish upper circuit even after strictness.
Decline in Adani Enterprises
Adani Enterprises, the flagship stock of the Adani Group, gained nearly 30 per cent on a weekly basis last week. After a bumper rally in the first two days, profit booking dominated it from Wednesday last week. In today’s business, its price remained in decline of 1.50 percent.
The biggest decline came in Adani Total Gas, whose price was at a loss of more than 4 percent. The price of Adani Transmission fell by about three and a half percent. Adani Wilmar also suffered a loss of more than two and a half percent. Apart from these, Adani Power fell by more than 2 per cent and Adani Green by more than 1 per cent. The stock of Adani Ports also remained in loss.
On the other hand, Adani Group’s media stock NDTV (NDTV) hit upper circuit for the fifth consecutive day. This stock is unaffected by the selling in other stocks of the group. NDTV has been put in the ASM framework, even after this the shares remain rocket. On the other hand, Ambuja Cement registered a gain of about 1 percent. There was a slight increase in the price of ACC Cement.
Performance of all stocks:
|company’s name||Today’s closing price (on BSE, in Rs)||Change (in %)|
|Adani Total Gas||698.40||-4.16|
Such was the condition of the market
There was a boom in the domestic market today. Last week also proved to be good for the domestic market. After the end of Tuesday’s trading, the BSE Sensex gained about 125 points and closed near 63 thousand points. NSE Nifty also closed with a gain of around 0.20 per cent.
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