Shares of Adani Power on Wednesday were trading at Rs 303.50 a piece, which is a surge of 5 per cent over the previous close, the stock exchanges showed in the
U.S. stocks dipped once again today as Federal Reserve remained resolute in its hawkish stance to battle inflation. Treasuries pared losses with 10-year yield rising three basis points to 3.76%.
The S&P 500 fell 2.2%; the tech-heavy Nasdaq joined with downturn with 3.1% decline. Meanwhile, oil rose 0.2%, amid OPEC+ discussions over slashing output at its meeting next week. Gold changed little, whereas Bitcoin held on to the $19,000-level.