Financials aid rise in Indian shares; Adani stocks cap gains

were the top losers on Nifty 50 index. The Adani saga could continue to hurt the sentiment in the market, three analysts said.

The rise in domestic equities is also spurred by dovish comments from global centrals banks over the last two sessions. The Reserve Bank of India is expected to raise the key policy repo rate by 25 bps at its policy meeting on Feb. 8, beginning the end of almost a year-long tightening cycle.Our Standards:

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Exclusive: Indian market regulator examining Adani share rout, source saysIndia's market regulator is examining a recent crash in shares of Adani Group and looking into any possible irregularities in a share sale by its flagship company, a source with direct knowledge of the matter told Reuters on Wednesday.
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Indian tycoon Gautam Adani pulls $2.5B share sale in flagship companyIndian tycoon Gautam Adani has abandoned a $2.5 billion fundraising effort in his latest setback following a short seller attack on his business empire They whined their helper Do your shitty journalists do a proper reporters job amd investigate these allegations, or you're just gonna leave it to the short seller?
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