Adani Group stocks dropped sharply during the trading session on Wednesday as the sell-off in the broader markets intensified and spread across the largecaps.
Adani Share Price Today: Adani Energy Solutions surged 17.83 per cent, NDTV jumped 11.39 per cent, Adani Total Gas climbed 9.99 per cent, Adani Green Energy soared 9.13 per cent and Adani Enterprises surged 9.11 per cent on the BSE.
NDTV share price: The stock surged 15.01 per cent to hit a day high of Rs 306.55 over its previous close of Rs 266.55. At today's high price of Rs 306.55, the scrip has gained 36.18 per cent in just two days. However, it has slipped over 14 per cent on a year-to-date (YTD) basis.
Shares of Adani Total Gas were the top gainer in the pack and up about 20%, followed by a 10-17% upside in Adani Energy Solutions, Adani Green, Adani Power, NDTV, and Adani Enterprises. Shares of Adani Power not only erased all Hindenburg-era losses but also rallied up to 17% today to hit a fresh record high of Rs 464.30. So far in 2023, the stock has given about 50% return to investors.
Indian frontline indices fell sharply on Monday as the benchmark 10-year US treasury note rose above 5%. Moreover, deepening conflict in the Middle East hurt investor sentiments in the overall Asian markets.