Indian shares rise after Adani investment boost

  • 📰 Reuters
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Indian shares rose on Friday after GQG Partners' $1.87 billion investment in Adani stocks helped markets look past rate-hike worries for the moment, turning foreign investors into buyers after a six-session hiatus.

Foreign institutional investors

a net 127.71 billion rupees worth of Indian equities on Thursday, aided by investment in Adani group companies."While the investment in Adani group stocks is positive for sentiment... global rate-hike concerns will continue to pile the pressure on markets in the near term," said Narendra Solanki, head of equity research at Anand Rathi Shares and Stock Brokers.rose over 2% after reporting a 10% jump in the production of manganese ore in February.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Adani took my account From j. Jayalalitha Amma pls check from Ali redha trading s.of. Oman Muscat my visa i will send thanks

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India's Adani group gets $1.87 bln investment from U.S. boutique firm GQGU.S. boutique investment firm GQG Partners has bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller's critical report sparked a stock rout. Getting back lost sheen ….
Source: Reuters - 🏆 2. / 97 Read more »

India's Adani group gets $1.87 bln investment from U.S. firm GQGU.S. boutique investment firm GQG Partners has bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller's critical report sparked a stock rout. USA and hindensburg should investigate this,as this may be another disguise from adani. You never know he might be fooling people again😉😜. Rajiv Jain is a Modi supporter. Did he get instructions to bail out Adani? Adani on fire 😍🔥🔥🔥.
Source: Reuters - 🏆 2. / 97 Read more »

GQG Partners sees shares fall as much as 3% after Adani investmentGQG Partners Inc's Australian-listed shares fell by as much as 3% on Friday after the international investment firm pumped $1.87 billion into four companies under embattled Indian conglomerate Adani Group. Where my Ponzi bears at Brasilianske Fjert Porno , Hilsen Odin & Tor.
Source: Reuters - 🏆 2. / 97 Read more »

Adani Group firms jump after GQG Partners' $1.88 bln investmentShares of four Adani group companies rose between 5% and 10% on Friday, a day after U.S. boutique investment firm GQG Partners Inc picked up shares worth 154.46 billion rupees ($1.88 billion) in the conglomerate. Is it Fake report? Is it investment? or, Purchasing stocks? GQG is owned by a Modi supporter. What are the chances of this bailout being linked? It will jump now but than few days later collapse again. The fundamentals of the business are flawed but the Hindu nationalism support is high. Any sudden international financial crisis could make the business collapse
Source: Reuters - 🏆 2. / 97 Read more »