Adani Enterprises Sees Positive Trading Surge Today

On the last trading day, Adani Enterprises opened at 2259.95 and closed at 2223.85, experiencing a decline. The stock reached a high of 2422.10 and a low of 2247.95 during the session. The company’s market capitalization stood at 256,822.5 crore. Over the past year, the stock has seen a 52-week high of 3743 and a low of 2030, with a trading volume of 136,499 shares on the BSE.

The share price of Adani Enterprises has increased by 0.65% today, reaching 2397.75, mirroring the performance of its peers. Companies like Coal India, Sindhu Trade Links, Stratmont Industries, and Emergent Industrial Solutions are also experiencing gains. In general, the benchmark indices Nifty and Sensex have risen by 0.06% and 0.29%, respectively.

A higher futures price along with higher open interest in Adani Ent suggests that it may experience positive price movement in the coming days, so traders can continue to hold their long positions.

 

 

Sensex tanks 600 pts, Nifty below 23,250; all sectors in the red

Indian blue-chip indices, the Sensex and Nifty, opened Monday much down as expectations of an early Federal Reserve interest rate cut were dampened by a better-than-expected U.S. jobs data. Additionally, concerns about declining profitability affected market mood. The BSE Sensex fell 654 points, or 0.85%, to 76,714 at 9:21 a.m., while the Nifty50 down 193 points, or 0.82%, to 23,238.

The total market capitalisation of all listed companies on the BSE fell by Rs 4.53 lakh crore to Rs 225.14 lakh crore. All major sectoral indices traded lower, with broader, domestically focused small-cap and mid-cap indices dropping around 1.4% each at the open.

Among the 30 Sensex stocks, Zomato Ltd fell the most by 2.86%, trading at 236.05. This was followed by Mahindra & Mahindra Ltd, which fell 2.13%, trading at 3,026.05, and Power Grid Corporation of India Ltd, which fell 2.07%, trading at 293.60.

Only 2 Sensex stocks were in the green. These included IndusInd Bank Ltd which rose by 2.05%, trading at 956.80 and Axis Bank Ltd which was up by 0.44%, trading at 1,045.40.