Adani Group shares surged following Sebi’s clearance of the conglomerate and its founder from Hindenburg Research’s accusations of stock manipulation and accounting fraud. The regulator found no evidence of fraudulent transactions, boosting investor confidence and adding ₹66,000 crore to the group’s market capitalization.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.