Good news for Gautam Adani as Adani Group stocks surge, Adani Power, Adani Green jump by...

Shares of all 11 listed Adani Group companies saw a strong rally in early trading on Tuesday. Adani Power led the surge with a 19% jump, reaching Rs 535 per share as trading volume skyrocketed 11 times its 30-day average. Adani Green Energy followed closely, rising nearly 14% to Rs 119 per share, according to NDTV.

Other Adani Group companies also showed impressive gains. Adani Energy Solutions surged by 14.38%, while Adani Total Gas rose by 13%. The flagship Adani Enterprises saw its stock climb nearly 9% to ₹2,422, making it the top performer on the Nifty 50 index.

Adani Ports gained 6%, Ambuja Cements increased by 4.79%, ACC rose by 4.5%, Sanghi Industries climbed 4.22%, and Adani Wilmar added 3% to its value.

This positive trend comes a day after all Adani Group stocks ended lower on Monday.

India’s benchmark indices also rebounded after four consecutive days of losses. The BSE Sensex rose 505.6 points in intra-day trade, reaching 76,835.61. Meanwhile, the NSE Nifty climbed 179 points to 23,264.95.

The overall market recovery indicates renewed investor confidence after a period of decline.