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Chinese economy is reasonably supported, they are not going big bang, and China is keeping firepower safe for if untoward, all these tariff barriers come in once President Trump takes in. So, we have to wait and see. I am not really expecting any big bang thing here.

Kotak Institutional Equities assigns a Rs 5,200 target price to IndiGo, citing strong positioning amid competitor supply constraints and efficient operations. Shares rise 1%, with a 28% upside potential.

Adani Ports Share Price: Shares of Adani Ports & Special Economic Zone plunged 20% to Rs 993.85 on Thursday after U.S. prosecutors indicted Gautam Adani, his nephew Sagar Adani, and six others on charges of bribery and fraud. The indictment claims the group offered $265 million in bribes to Indian officials to secure solar contracts, potentially generating $2 billion in profits over 20 years.

As of 30-Sep-2024, promoters held 50.09 per cent stake in the company, while FIIs held 27.18 per cent and domestic institutional investors had 14.25 per cent.

Billionaire Gautam Adani, chairman of the Adani Group, saw his net worth drop by $10.5 billion to $59.3 billion in a single day, following bribery and fraud charges brought by U.S. authorities. His brother, Vinod Adani, also faced a significant loss of $4.7 billion, reducing his net worth to $15.5 billion.

A total of 188,406 shares changed hands on the counter till 12:58PM (IST).

On the technical charts, the RSI of the stock stood at 37.11.

Bitcoin surged to a record high of $97,532, fueled by expectations of favorable US crypto regulation under President-elect Trump, with analysts predicting a rise to $100,000 soon.

Adani Green Energy Ltd. cancelled its $600 million bond offering. The offering was linked to a US court order related to bribery allegations against Adani Group executives. This is the second time Adani Green has withdrawn a bond issuance.

The stock quoted a 52-week high price of Rs 210.50 and low of Rs 139.45.