In March, the group got a lifeline of Rs 15,000 crore from global investment firm GQG Partners, which picked up stakes in 4 Adani Group companies. This further soothed Dalal Street investors and brought in some stability in the stocks.
Tech View: Nifty charts throw up dark clouds. What traders should do next week
Nifty’s short-term trend seems to have reversed down after a reasonable rise from the lows. Immediate support is placed at 22,300 and the weakness below