Market experts note that the recent FPI inflows are concentrated in a select few stocks rather than being spread across the market or sectors
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The demand for coal-based power has grown by 7.30 per cent in this financial year compared to last year in the same period
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Experts say that the election verdict has raised doubts about the tough reforms and policy-making strengths of the new government
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The idea of a coalition government led by the BJP at the centre leads to widespread market anxiety and a sharp decline in stock indices
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In the Nifty 50, Adani Ports trades as the biggest loser with more than 15 per cent loss, while Adani Enterprises loses 14.5 per cent
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Among all the Adani stocks, Adani Power soars more than 15 per cent, while in the Nifty 50, Adani Ports tops the index with more than 10 per cent gains, while Adani Enterprises surges 7 per cent
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Recently, Prime Minister Modi highlights in an interview the impressive performance of state-run companies' stocks
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As of March 2023, Jain's investments in four key Adani companies totalled to Rs 15,400 crore (approximately USD 1.88 billion)
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Adani group alleged of fraud and selling low-grade coal as high-value fuel in the year 2013 to Tamil Nadu Generation and Distribution Company
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Railway stocks also witness a robust rally as BEML, Titagarh Rail, Ircon International, IRCTC, RITES and IRFC surge up to 11 per cent intraday
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