"The markets will remain very volatile ahead of the budget," Aishvarya Dadheech, director and fund manager at Ambit Asset Management said. Analysts also cited fears of a drawdown in financials on the back of a scathing report by Hindenburg Research that raised concerns about the books of Adani companies.reversed a climb. The other group stocks corrected further for the third consecutive session.
rose nearly 5% to a four-month high of 6,040 rupees after its third-quarter earnings beat estimates, while Sun Pharma hovered near an eight-year high ahead of third-quarter results.83.72 billion rupees worth of shares over the last two sessions since Hindenburg's report.
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Indian shares set to rise after a rout set off by Adani stocksIndian shares are set to open higher on Monday tracking gains in global equities on hopes of the U.S. Federal Reserve easing its aggressive monetary policy stance, erasing some of the losses over the previous two sessions due to a sell off in Adani Group stocks. You're obsessed with this stock, in bed with the short sellers? Adami stocks went down because of B.B.C propaganda. All western media outlets have become propaganda outlets including Reuters. People are not willing to believe anything that your lot says anymore
Bron: Reuters - 🏆 2. / 97 Lees verder »
Indian shares volatile as key Adani stocks arrest slideIndian shares were volatile in morning trading on Monday, mirroring financials, ahead of the Union budget, while select Adani Group stocks arrested the recent slide after a short-seller attack on group companies triggered a sell-off over the previous two sessions.
Bron: Reuters - 🏆 2. / 97 Lees verder »