Indian equity benchmarks
advanced on Tuesday, helped by gains in metal stocks on higher
global aluminium prices and an earnings-led rally in pharma
shares. The NSE Nifty 50 was up 0.2%.
Despite the higher market capitalization, Adani Ports have less promoter shareholding of 65.9 per cent, compared to 72.6 per cent to that of the Adani Enterprises.
An analyst from Arihant Capital is observing rounding base pattern formation on the daily chart of Adani Ports, which is sign of strength, with the momentum indicator MACD is positively poised.
Tata Steel shares hit record high, touch Rs 175 for first time; here are fresh price targets businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Adani Power shares rise 3%, hit record high; here are fresh price targets businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.