Adani Group stocks trade mixed following clarification from NSDL

Shares of Adani Group companies traded on a sombre note for the second straight day on Tuesday even after National Securities Depository Ltd (NSDL) clarified that the accounts of three foreign funds – holding nearly Rs 43,000 crore worth of Adani group shares – are ‘active’ and not frozen.

Shares of Adani Green Energy, Adani Ports and Adani Enterprises rose up to 5 per cent each in intra-day today but soon pared gains to trade flat-to-negative.

Adani Green Energy jumped 5 per cent to Rs 1,234.70 on the BSE but pared most gains to trade only 1.07 per cent higher at Rs 1,188.50 around 10.30 am. Adani Ports gained over 4 per cent in early trade to Rs 802, although the scrip failed to hold gains and was trading 0.42 per cent down at Rs 765.50.