Adani group stocks closed higher on Wednesday despite a subdued market, with Adani Power overtaking Infosys in market capitalisation ranking. Several Adani group companies touched their 52-week highs during intra-day trade, while the Sensex and Nifty ended lower
Shares of Adani Power surges 9.21%, Adani Green Energy soars 8.86%, Adani Enterprises rose 7.72% while Adani Total Gas jumps 7.10 per cent on the BSE in early trade on January 16
The BSE benchmark Sensex gained 230.02 points, or 0.29%, closing at 80,234.08. It had earlier surged by 507.09 points, or 0.63%, to reach 80,511.15 during the day. The NSE Nifty rose by 80.40 points, or 0.33%, ending at 24,274.90. Among the 30 Sensex stocks, Adani Ports saw a 6% rise, while other gainers included NTPC, HDFC Bank, Bajaj Finance, Maruti, and Axis Bank.
