Rally in Adani shares continues, Sensex zooms 900 points on firm global trends
Shares of Adani Group companies rallied for the third successive day on Friday after the group announced more road shows to raise money and a US-based company bought shares in four of its companies.
Adani Enterprises zoomed over 17% intra-day following reports that the Group will sell minority stakes in four listed companies to US-based GQG Partners for Rs 15,446 crore. The stock finally ended with double digit gains at Rs 1,879.50 on the NSE. It also rose on reports the group is planning to hold more fixed-income road shows in London, Dubai, and several US cities besides Singapore and Hong Kong.
