Adani Green Energy: Quant MF, other funds buy stake in Rs 2,778 crore block deal

Adani Green Energy saw a Rs 2,778 crore block deal as Total Energies sold 2.86 crore shares, absorbed by major institutional buyers and family offices. Despite near-term weakness and volatile price trends, long-term growth prospects and strategic partnerships remain intact.

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EM local bonds gain favour as dollar debt lags

Current trends indicate that investors are leaning towards local emerging market debt rather than dollar-denominated bonds. The allure of attractive valuations combined with ongoing carry