Adani Group Stocks Skyrocket: A Market Rebound

Adani group stocks saw significant gains on Tuesday, rebounding after previous declines. Adani Power led the surge with a 19.77% increase. The overall market cap of the group reached Rs 12,51,029.2 crore as the Sensex and Nifty indices also recovered.

In a significant market rebound on Tuesday, Adani group stocks soared after suffering losses the previous day. Adani Power led the rally with an impressive 19.77% surge.

Other notable gains included Adani Green Energy at 13.22% and Adani Energy Solutions at 12.06%. This stock recovery contributed to a combined market valuation of Rs 12,51,029.2 crore for the group.

The wider market also showed resilience, with the Sensex climbing 169.62 points and the Nifty rising by 90.10 points, marking a comeback after a four-day downturn.

(With inputs from agencies.)