Anil Dhirubai Ambani Group (ADAG) companies  may have been down but certainly are not out yet; that is if we go by the listed stocks performance of the ADAG Group stock on bourses.

This rise in sugar prices internationally has acted as a huge trigger for sugar mills in India.

Small caps are on a tear and the positive trend is global in nature for small-caps. The US Small-cap index has outperformed NASDAQ, S&P 500 and even DJIA on both YTD basis as well as in one year. 

Adani Power: A news report got published in ET which stated that NSDL has frozen the accounts of three foreign funds-Albula Investment Fund, Cresta Fund, and APMS Investment Fund holding shares in Adani Group companies. The company issued a statement saying that it regrets to mention that these reports are blatantly erroneous and has been done to deliberately mislead the investing community. 

The shares of ADAG Group (Anil Dhirubhai Ambani Group) companies gained after the board of Reliance Power approved preferential issuance of shares & warrants to Reliance Infrastructure.

The stock, trading at Rs 658 per share is at its all-time highs reflecting the positive outlook on the ground for the broking industry.

With rising volatility, the defensives normally are expected to do well. Nifty Pharma recently made a fresh life-high for itself with 7 out of 10 Nifty Pharma constituents trading at fresh all-time highs for themselves. 

The shares of Transformers & Rectifiers (India) Limited were trading in the green on Monday after the company announced that it has been awarded orders for transformers from Gujarat Energy Transmission Corporation Limited (GETCO).  

Adani group stocks have taken a heavy beating on bourses in today’s trade with almost all the group stocks locked in the lower circuit.

Markets are trading volatile after Sensex plunged over 500 points at one point of time in today’s trading session. Thereafter, it recovered almost all its losses and is now trading in green.