Adani Group stocks fell up to 6% after a US bribery scandal linked to Adani Green Energy employees. GQG Partners, a major investor, reaffirmed its commitment, stating the scandal doesn’t impact its investment thesis. While Adani Green Energy shares tumbled 6%, other Adani stocks saw smaller declines. GQG expressed confidence in the fundamentals of its Adani investments.
Sterlite Tech, HFCL gain 5% each on reports of US ban on Chinese data centre devices
Shares of Sterlite Technologies and HFCL rallied 5% each after reports that the US administration is considering restrictions on Chinese data centre equipment imports. The