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.
Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh,