Key Points
Adani is the second-richest Indian in the list and behind Mukesh Ambani, who has an estimated total net worth of $90.4 billion and is at the 13th spot..
The Adani group stocks have been on a roll following the Bharatiya Janata Party's (BJP) election victory in key state elections of Madhya Pradesh, Rajasthan, and Chhattisgarh..
The Adani stocks started rallying last week after the apex court observed that it had no reason to "discredit" market regulator Securities and Exchange Board of India's (Sebi) probe against the group..
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With $67 billion, Gautam Adani back among top 20 billionaires
30, Nov, 23India Business News: Gautam Adani is back among the top 20 richest people in the world, thanks to Tuesday's strong rally in the group's stocks that added about Rs 1.1 lakh
Gautam Adani no longer among world’s 25 richest people
23, Feb, 23Mr. Adani’s net worth fell below $43.4 billion on Wednesday in the aftermath of the Hindenburg report, shaky shareholders’ trust and Wikipedia allegations
Jay Thakkar on his top three bets in Adani stocks
05, Dec, 23“Adani Enterprise, Adani Ports and Adani Power are the three top bets among Adani stocks. We generally have a pre-election rally of around 10% to 15%. We just superimpose that from Thursdays closing prior to exit polls results, the target comes to 20,000 plus. So, yes, upside definitely is there, downside is now limited or floor is near to around 20,000.”
Hindenburg effect: Gautam Adani’s net worth drops below $50 billion
20, Feb, 23Just a month ago, Gautam Adani's net worth stood at around $120 billion, making him the world’s third richest person. That changed drastically after a small US short seller, Hindenburg Research, came out with a scathing report on the Adani Group.
Sensex, Nifty end at fresh record highs on key wins for BJP
04, Dec, 23The 30-share BSE benchmark Sensex advanced 1,384 points or 2.05% to settle at 68,865. The broader NSE Nifty surged 419 points or 2.07% to end at 20,687. Meanwhile, the market capitalisation of all listed companies on BSE surged by Rs 5.78 lakh crore to Rs 343.45 lakh crore.
Savitri Jindal, India’s richest woman, sees staggering $9.6 billion increase in wealth; beats Ambani & Adani
19, Dec, 23India Business News: Savitri Jindal, the richest woman in India, has seen her wealth grow by $9.6 billion in 2023, surpassing the Ambani and Birla families. Mukesh Ambani
How Gautam Adani raised $15 billion after major net worth loss in 2023
01, Jan, 24Billionaire Gautam Adani's net worth took a major hit after the Hindenburg report made waves in the business world.
Assembly election result: FII dollars may power megacap stocks to beat madcap rally
04, Dec, 23FIIs who had been bothered by the Indian markets rich valuations and were hoping for a correction to build more substantial positions in the market may see those hopes evaporating, leaving them with the unsavory choice of either staying out of a market that may not correct or may continue to do well or entering the market at current levels despite their reservations about the markets valuations in general, Kotak Equities said.
GIFT Nifty down 45 points; here's the trading setup for today's session
05, Dec, 23We expect market sentiment to strengthen further as the ongoing pre-election rally is quite strong now, said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.