New Delhi, Dec 5: Adani Group stocks jumped up to 20 per cent on Tuesday following a report that the US agency found short-seller Hinderburg Research’s allegations of corporate fraud against the conglomerate were not relevant.
The US International Development Finance Corp (DFC), examined the allegations against the Adani Group before extending a loan for the Indian conglomerate’s port project in Sri Lanka, according to reports.
All the 10 firms extended their gains for the second straight session this week and breached the total market capitalisation mark of Rs 13 lakh crore.
