Adani Group stocks surged as Gautam Adani sought dismissal of a US SEC civil fraud case. Adani Green Energy led gains, jumping 12%. A US court granted Adani’s request to schedule a hearing on his plea to dismiss the case, citing lack of personal jurisdiction and failure to state a claim.
Narendra Solanki sees limited IT growth, bets on rural and pharma plays
Investors are becoming selective, focusing on earnings visibility and strong balance sheets. Opportunities are emerging in sectors like IT, with a watch on margins. Asset