Adani Power shares fell 1.2% after a five-day, 12% rally, amid profit-booking. Despite muted Q4 results, sentiment remained strong on the back of a Rs 2 billion project win and aggressive expansion plans to scale capacity to 30.67 GW by FY30. Technical indicators stayed bullish, and analysts maintain a “strong buy” rating despite a 23% one-year decline.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian markets closed lower for the second straight week, dragged by weak earnings, US tariff threats, and global uncertainty. IT stocks underperformed while Glenmark Pharma
July 13, 2025