India Stock Market

The capital markets regulator Securities and Exchange Board of India (SEBI) has said it has observed "unusual price movement in stocks of a business conglomerate" in the past week amid the Adani stocks rout.

Shares of four Adani Group firms, including Adani Enterprises and Adani Ports bounced back on Friday after facing heavy drubbing in the past six days.

S&P Global Ratings on Friday revised outlook on Adani Ports and Adani Electricity to negative from stable while affirming the rating.

The Securities and Exchange Board of India (SEBI) on Friday tweaked its operational circular on credit rating agencies (CRAs), asking them to have a detailed policy by March-end in respect of non-submission of crucial information.

The Reserve Bank of India today said the country's banking system remains resilient and stable, amid concerns about the exposure of lenders to Adani group companies.

Nirmala Sitharaman said public sector financial institutions had released detailed statements showing they had limited exposure to Adani Group and would not be significantly affected by the share crash.

The stock market turmoil created by rout in Adani group shares is a "storm in a tea cup" from a macroeconomic point of view, finance secretary TV Somanathan said on Friday, emphasing that India's public financial system is robust.

TotalEnergies has a 37.4 per cent stake in Adani Total Gas Ltd and a 20 per cent holding in Adani Green Energy Ltd.

"These adverse developments are likely to reduce the group's ability to raise capital to fund committed capex or refinance maturing debt over the next 1-2 years," Moody's said.

Both parliament houses were adjourned without any work on Friday as opposition parties remained firm on a call for a discussion and an investigation into allegations of fraud against the Adani Group that have triggered a stock market collapse.

As many as three Adani Group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE

At least two of India's biggest business families participated in Adani Enterprises Ltd.'s $2.5 billion share sale, according to people familiar with the matter, in a sign of solidarity with Gautam Adani.

Till November 2022 this fiscal year, 1.7 crore demat accounts were added as compared to 2.2 crore during the year-ago period, says Economic Survey

Billionaire Gautam Adani's group on Saturday ruled out any changes in price or the dates of the Rs 20,000 crore follow-on share sale at the conglomerate's flagship firm despite its stocks being hammered below the offer price after a scathing report by a US short seller.

Adani group stocks took a beating for a second straight session on Friday

The capital markets regulator Securities and Exchange Board of India (SEBI) has said it has observed "unusual price movement in stocks of a business conglomerate" in the past week amid the Adani stocks rout.

Shares of four Adani Group firms, including Adani Enterprises and Adani Ports bounced back on Friday after facing heavy drubbing in the past six days.

S&P Global Ratings on Friday revised outlook on Adani Ports and Adani Electricity to negative from stable while affirming the rating.

The Securities and Exchange Board of India (SEBI) on Friday tweaked its operational circular on credit rating agencies (CRAs), asking them to have a detailed policy by March-end in respect of non-submission of crucial information.

The Reserve Bank of India today said the country's banking system remains resilient and stable, amid concerns about the exposure of lenders to Adani group companies.

Nirmala Sitharaman said public sector financial institutions had released detailed statements showing they had limited exposure to Adani Group and would not be significantly affected by the share crash.

The stock market turmoil created by rout in Adani group shares is a "storm in a tea cup" from a macroeconomic point of view, finance secretary TV Somanathan said on Friday, emphasing that India's public financial system is robust.

TotalEnergies has a 37.4 per cent stake in Adani Total Gas Ltd and a 20 per cent holding in Adani Green Energy Ltd.

"These adverse developments are likely to reduce the group's ability to raise capital to fund committed capex or refinance maturing debt over the next 1-2 years," Moody's said.

Both parliament houses were adjourned without any work on Friday as opposition parties remained firm on a call for a discussion and an investigation into allegations of fraud against the Adani Group that have triggered a stock market collapse.

As many as three Adani Group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE

At least two of India's biggest business families participated in Adani Enterprises Ltd.'s $2.5 billion share sale, according to people familiar with the matter, in a sign of solidarity with Gautam Adani.

Till November 2022 this fiscal year, 1.7 crore demat accounts were added as compared to 2.2 crore during the year-ago period, says Economic Survey

Billionaire Gautam Adani's group on Saturday ruled out any changes in price or the dates of the Rs 20,000 crore follow-on share sale at the conglomerate's flagship firm despite its stocks being hammered below the offer price after a scathing report by a US short seller.

Adani group stocks took a beating for a second straight session on Friday