Adani Group has fully divested from AWL Agri Business, formerly Adani Wilmar, by selling its remaining 10.42% stake to investors from the US, UK, Middle East, and India. The block trade occurred at Rs 275.5 per share. This follows Adani Enterprises’ prior sale of a 20% stake to Wilmar International for Rs 7,150 crore.
Any relief rally in markets likely limited and temporary: David Roche
Global markets are reacting prematurely to geopolitical shifts, according to macro strategist David Roche. He argues that recent oil and equity market moves reflect speculation