Adani Power shares in focus as SC agrees to hear appeal in Punjab State Electricity Regulatory Commission case
Adani Power shares will remain in focus on Tuesday, January 7, after the Supreme Court on Monday agreed to examine the company’s appeal against the Punjab State Electricity Regulatory Commission’s (PSERC) refusal to approve a 2006 power purchase agreement (PPA) between the former Udupi Power Corp and a Punjab state discom. A Bench led by…
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MSCI rejig today: Indian stocks to see $2.5 billion inflows, spotlight on HDFC Bank
Sensex rallied over 1135 points on Monday morning as MSCI November 2024 index review came into effect from today with Indian stocks expected to attract about $2.5 billion in passive foreign institutional investor (FII) flows. Banking heavyweight HDFC Bank would also be in the spotlight, with its weightage in the index slated to increase, bringing…
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Adani Energy shares fall 10% on getting bad news from MSCI
Shares of Adani Energy Solutions on Thursday fell 10.37% to Rs 963 on BSE earlier in the day after global index services provider MSCI failed to include the stock in MSCI Global Standard Index citing an earlier show cause notice from Sebi in the wake of allegations made by Hindenburg. The Street was expecting Adani…
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Stocks in news: Tata Investment, Tata Power, L&T, Wipro, Biocon
Domestic markets experienced volatility on Wednesday and ended down nearly half a percent amid mixed signals. In today’s trade, shares of Tata Investment, Tata Power, L&T, Wipro, Biocon among others will be in focus due to news developments and second quarter results. Tata InvestmentShares of Tata Investment will be in focus in Thursday’s trade as…
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FII action, Waaree Energies IPO listing and 5 more factors that will steer D-Street this week
Nifty ended Friday with weekly declines of 2.7%, falling in all five sessions during the week. When markets resume trading on Monday, a host of important domestic and global events lined up for the week are likely to impact them. On Friday, Nifty closed at 24,180.80, lower by 218.60 points or 0.9%. Commenting on the…
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Adani Power shares jump over 3% as board mulls Rs 5,000 crore fundraise
Shares of Adani Power today jumped 3.5% in an early trade to their dayβs high of Rs 606.70 on the BSE after the company announced that its board will consider raising funds worth Rs 5,000 crore via non-convertible debentures (NCDs) at its upcoming board meeting. βWe would like to inform you that the meeting of…
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Adani Power, Adani Green shares surge up to 5% on 6,600 MW supply deal with Maharashtra govt
Shares of Adani Power and Adani Green surged nearly 5% today, hitting intraday highs of Rs 665.90 and Rs 1,870, respectively, on the BSE. This rise followed the announcement that the Maharashtra State Electricity Distribution Company (MSEDCL) had issued letters of intent for the supply of 6,600 MW of hybrid solar and thermal power. Under…
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sensex news: Sensex rises over 150 points, Nifty above 24,900 as traders eye key central bank decisions
Ahead of the US Fed meeting outcome tonight in which Jerome Powell will signal the timing and number of rate cuts expected in the next few months, Sensex opened Wednesday’s session around 150 points higher while Nifty crossed the 24,900-level as the 25,000 remained elusive. While traders are booking profits at higher levels, the expectation…
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