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Since Jan 25, Adani Enterprises’ share value has more than halved, and Adani Ports has shed more than 39%. Today, Adani Enterprises shares ended 27% lower in the cash market at Rs 1,565.25, and those of Adani Ports settled 7% down at Rs 462.45

Shares of ACC and Ambuja Cements were in focus today after Adani Group issued a statement saying none of the shares of Ambuja or ACC have been pledged by promoters. But as the rout in Adani stocks deepens. >> For more such web stories click on the ET icon below

The funding from IHC, which is controlled by a key member of the emirate’s royal family, would have represented about 16% of the offering and would have built on an almost $2 billion investment in Adani’s companies last year

Companies say green shoots of rural revival visible in December

Public sector lender State Bank of India (SBI) is among several domestic companies that will announce earnings on Friday. >> For more such web stories click on the ET icon below

Some analysts said that the European Central Bank (ECB) would need to be hawkish at its meeting later in the day to avoid sparking a bond rally. That would mean president Christine Lagarde focusing more on work to be done than progress made

Prices on the daily chart are continuously showing an effort to close above their 200-EMA placed at 17,550 levels. From the past five days, Nifty is hovering within the range of 17,900–17,400 levels. Any breakout or breakdown above or below the mentioned levels will trigger the next directional move in the benchmark index

In the overseas market, both gold and silver were traded in green at USD 1,956 per ounce and USD 24.15 per ounce, respectively.Comex gold prices traded their highest levels in more than nine months in Asian trading hours on Thursday after investors access dovish policy from US Federal reserve, the analyst said

The Nifty Realty index was trading 0.27 per cent down at 406.6.

Equity markets witnessed mixed trends on Thursday, with the Sensex climbing over 224 points, while the Nifty ended flat in highly volatile trade, weighed down by continuous selling in Adani group stocks. >> For more such web stories click on the ET icon below​