“In a follow-up to our report outlining our credit concerns with Adani Group companies, we are presenting this piece to reconcile our calculations with Adani Group’s presentation,” CreditSights said in a report Thursday. “We discovered calculation errors we had made in two of the Adani Group companies – Adani Transmission and Adani Power.”
Dalal Street Week Ahead: Time to get cautious & defensive after Nifty’s swift runup
From a technical standpoint, the previous week has created a gap. In the process, the index has shifted its support zones higher in the range