Exit poll rally: Adani group value soars ₹1.6 trn to near ₹20 trn
Business Standard|June 04, 2024
The market capitalisation of the Gautam Adani-led group neared ₹20 trillion on Monday as investors lapped up shares of all the 10-listed companies belonging to the portsto-airports conglomerate.
KHUSHBOO TIWARI

This comes amid the euphoria triggered by the exit polls.

Shares of group companies soared between 3.5 per cent and 15.5 per cent, adding ₹1.6 trillion in a day to the total market capitalisation of 19.43 trillion highest since January 18, 2023.

This story is from the June 04, 2024 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the June 04, 2024 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS STANDARDView All
Business Standard

Women in a shadow war

In the 21st century, many countries have started admitting women into the military in combat roles as fighter pilots and frontline soldiers in grudging recognition of their capabilities and courage.

time-read
4 mins  |
September 28, 2024
NCPA-Soho 1st theatrical tie-up blurs boundaries
Business Standard

NCPA-Soho 1st theatrical tie-up blurs boundaries

Indian 'drag kings' to take stage in Mumbai, London in Gentlemen's Club

time-read
2 mins  |
September 28, 2024
GAINS AT PUMPS SUPERNORMAL
Business Standard

GAINS AT PUMPS SUPERNORMAL

But low cracks, or profits from processing crude oil into petrol & diesel, have contributed to abysmal refining margins, prompting rethink on lowering retail fuel prices

time-read
3 mins  |
September 28, 2024
Everybody wants a 'piece' on Dwarka Expressway
Business Standard

Everybody wants a 'piece' on Dwarka Expressway

Dwarka Expressway, a 29.1-kilometre (km)-long 16-lane stretch between Shiv Murti in Delhi and Kherki Daula in Gurugram, has become a real estate hotspot, attracting top developers from all over the country announcing their projects in the area.

time-read
3 mins  |
September 28, 2024
Business Standard

Accumulate gold through SIP if portfolio allocation below 10%

Gold, which closed at ₹75,447 per 10 gram in the domestic market on Friday (and is trading at ₹2,689.6 per ounce on the Comex), is up 29.4 per cent over the past year.

time-read
2 mins  |
September 28, 2024
IT aims for sky after Accenture's Q4 results
Business Standard

IT aims for sky after Accenture's Q4 results

Nifty IT index ends 0.4% higher over previous close

time-read
3 mins  |
September 28, 2024
Business Standard

NSE, BSE revise transaction fee

Stock exchanges National Stock Exchange (NSE) and BSE on Friday revised their charges for various segments in the market — to align them with the true-to-label circular by the Securities and Exchange Board of India (Sebi) which mandates uniform fee irrespective of the turnover.

time-read
1 min  |
September 28, 2024
Business Standard

GQG Partners settles charges with US SEC

Boutique investment firm GQG Partners has settled charges of potential violations of whistleblower rules with the Securities and Exchange Commission (SEC) — the regulatory body in the United States — by paying a $500,000 penalty.

time-read
1 min  |
September 28, 2024
Sebi plans mandatory disclosures for direct plan MF schemes
Business Standard

Sebi plans mandatory disclosures for direct plan MF schemes

The Securities and Exchange Board of India (Sebi) has proposed to make it mandatory for mutual fund houses to give separate disclosures for direct plan and regular plan schemes in their half-yearly financial results.

time-read
1 min  |
September 28, 2024
Crompton Greaves Consumer may underperform on demand concerns
Business Standard

Crompton Greaves Consumer may underperform on demand concerns

The stock of Crompton Greaves Consumer Electricals has shed about 12 per cent since the start of the month due to a muted near-term outlook.

time-read
2 mins  |
September 28, 2024