Adani Group Stocks Live Updates: Adani Power surges to the day's high with gains of 11%

Adani Group Stocks Live Updates:

Multiple listed entities of the Adani Group, including the two Nifty 50 names - Adani Ports and Adani Enterprises, along with broader market entities such as Adani Power, Adani Energy Solutions, Adani Green Energy, Adani Power, and Adani Total Gas gained up to 13% in Thursday's trading session after market regulator Securities and Exchange Board of India (SEBI) gave a clean chit to the Group and its top executives on some allegations made by short seller Hindenburg Research, as it found no violation of laws, fraudulent practices, market manipulation or insider trading. The SEBI order highlighted that there are no basis to charge Adani Enterprises and Adani Ports with violations of prohibition of fraudulent and unfair trade practices regulations. The order also went on to add tat the impugned transactions were in compliance with the prevailing laws in force at the time and they cannot be claimed as being violative of regulations. Most of these Group stocks are currently trading below their record high levels. Watch this space for all the live updates.