Market Movers: Gautam Adani hits back over FPI shareholding fiasco

2021-07-12 18:53:42

MUMBAI: When the world is pointing fingers at you, it does not hurt to point back. Or so the saying goes. Perhaps, Group’s Chairman Gautam Adani intended just that as he lambasted journalists and media for twisting the narrative around foreign portfolio investors in his Group’s companies.

“Recently, a few media houses indulged in reckless and irresponsible reporting related to administrative actions of regulators. This caused unexpected fluctuations in the market prices of Adani stocks,” Adani said in

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Biggest gainers & losers of the day: NBFC and Realty stocks roar; Kitex shines again

2021-07-12 17:30:27

New Delhi: Domestic benchmark indices ended the day on a flat note as profit booking wiped out all the gains. Banking and cement stocks pushed the market higher, but fag-end selling in select IT and metal stocks dragged the the indices lower.

The 30-share pack Sensex dropped 13.50 points or 0.03 per cent to close at 52,372.69. Its broader peer NSE Nifty rose 2.80 points or 0.02 per cent to 15,692.60. Broader markets outperformed the benchmark indices, positing

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