{"id":3635,"date":"2023-12-05T10:25:55","date_gmt":"2023-12-05T04:55:55","guid":{"rendered":"https:\/\/bigbreakingwire.in\/adani-group-surges-rs-61500-crore-boost-after-usa-clears-hindenburg-allegations\/"},"modified":"2023-12-05T10:33:58","modified_gmt":"2023-12-05T05:03:58","slug":"adani-group-surges-rs-61500-crore-boost-after-usa-clears-hindenburg-allegations","status":"publish","type":"post","link":"https:\/\/bigbreakingwire.in\/adani-group-surges-rs-61500-crore-boost-after-usa-clears-hindenburg-allegations\/","title":{"rendered":"Adani Group Surges: Rs 61,500 Crore Boost After USA Clears Hindenburg Allegations"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p>Adani Group&#8217;s stocks experienced notable gains on Tuesday, propelled by a Bloomberg report revealing that the US had extended financing to the conglomerate&#8217;s port terminal in Sri Lanka. This move followed the dismissal of allegations by Hindenburg Research, providing a fresh trigger for investors. The surge in stock prices, adding Rs 61,493 crore to market cap, coincided with a broader market rally driven by the BJP&#8217;s significant electoral success in three Hindi belt states. Notably, Adani Enterprises Ltd. and Adani Ports and Special Economic Zone Ltd. led the charge, with Adani Green witnessing a remarkable 13% increase.<br><br>Investor optimism was further stoked by the Adani Group&#8217;s strategic decision to ramp up capital expenditure, signaling a commitment to driving future growth. The positive market sentiment extended across various sectors within the conglomerate, with Adani Wilmar, power, and energy stocks rising by 4-6%. Additionally, other market players such as NDTV, Ambuja Cements, and ACC also saw gains ranging from 3-5%. Overall, the confluence of international financial support, electoral victories, and expansion plans contributed to a significant uptick in Adani Group stocks and investor confidence.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-bigbreakingwire wp-block-embed-bigbreakingwire\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"K0se0wDA6j\"><a href=\"https:\/\/bigbreakingwire.in\/us-government-clears-adani-group-of-fraud-allegations-approves-553-million-loan-for-sri-lanka-port-project-bloomberg\/\">US Government Clears Adani Group of Fraud Allegations, Approves $553 Million Loan for Sri Lanka Port Project: Bloomberg<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;US Government Clears Adani Group of Fraud Allegations, Approves $553 Million Loan for Sri Lanka Port Project: Bloomberg&#8221; &#8212; BigBreakingWire\" src=\"https:\/\/bigbreakingwire.in\/us-government-clears-adani-group-of-fraud-allegations-approves-553-million-loan-for-sri-lanka-port-project-bloomberg\/embed\/#?secret=cMWd3HD8as#?secret=K0se0wDA6j\" data-secret=\"K0se0wDA6j\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Adani Group&#8217;s stocks experienced notable gains on Tuesday, propelled by a Bloomberg report revealing that the US had extended financing to the conglomerate&#8217;s port terminal&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[65,31,29,39],"tags":[436,224,437,438,439,545],"class_list":["post-3635","post","type-post","status-publish","format-standard","hentry","category-bigbreakingnow","category-business","category-finance","category-world","tag-adani-enterprises","tag-adani-group","tag-adani-ports","tag-adani-power","tag-adani-wilmar","tag-hindenburg","entry","rows"],"jetpack_publicize_connections":[],"modified_by":null,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pfgCxS-WD","jetpack_sharing_enabled":true,"jetpack_likes_enabled":false,"_links":{"self":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/3635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/comments?post=3635"}],"version-history":[{"count":0,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/3635\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/media?parent=3635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/categories?post=3635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/tags?post=3635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}