Adani Stocks Opening: An important hearing is to be held in the Supreme Court today on the 6-month extension sought by SEBI to investigate the allegations against the Adani group. Earlier today all the stocks of Adani Group have broken.
Adani Stocks Opening: The stock market continues to boom today, but the effect of its boom is not being seen on Adani shares. Adani shares are seeing a tremendous decline today and the reason for the decline is that all its 10 shares are trading on the decline with the red mark. There is weakness in Adani shares at this time and like Friday, these shares are not able to return to the bullish range even today.
Which stocks have the most decline
The stock of Adani Total Gas is trading with the lower circuit today and even after half an hour of opening, it is dominating a decline of about 5 per cent. Adani Transmission is trading down by 3.40 per cent and Adani Power by 3.20 per cent. Adani Enterprises is down 3.45 percent and Adani Green is seeing a significant decline of 2.11 percent.
Condition of adani shares in the morning
| company/stock | Quote (in Rs)/Change in opening trade |
| Adani Enterprises | 1,896.90 (-3.45%) |
| Adani Green | 876.70 (-2.11%) |
| Adani Ports | 695.50 (-0.64%) |
| Adani Power | 233.15 (-3.20%) |
| Adani Transmission | 854.75 (-3.40%) |
| Adani Wilmar | 387.80 (-1.13%) |
| Adani Total Gas | 780.25 (-4.99%) |
| Acc | 1,791.45 (-0.36%) |
| Ambuja Cement | 407.55 (-0.60%) |
| ndtv | 179.05 (-0.95%) |
What was the state of the domestic market
At the time of market opening this morning, the BSE Sensex has managed to open at 62,157.10 with a gain of 129.20 points i.e. 0.21 per cent in the opening of the stock market. On the other hand, the Nifty of NSE opened at the level of 18,339.30 with a strength of 24.50 points i.e. 0.13 percent. Before the important hearing in the Supreme Court, all the shares of Adani Group remained on the decline at the beginning of the business.
What will happen in supreme court today
For information, let us tell you that SEBI had asked for 6 months time to investigate the allegations made by America’s short seller firm Hindenburg against Gautam Adani’s Adani Group. The next hearing is going to be held in this matter on May 15.
