Adani Enterprises shares are up following Sebi’s clearance of stock manipulation allegations. This boosted investor confidence. Jefferies maintains a Buy rating, citing growth drivers like the Navi Mumbai International Airport. Green energy expansion also adds momentum. The regulatory clearance comes after Hindenburg’s report triggered a sell-off. Despite the rally, the stock is still down over the past year.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader