{"id":317,"date":"2023-12-05T14:47:01","date_gmt":"2023-12-05T09:17:01","guid":{"rendered":"https:\/\/gift-nifty.info\/?p=317"},"modified":"2023-12-05T14:47:01","modified_gmt":"2023-12-05T09:17:01","slug":"adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high","status":"publish","type":"post","link":"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/","title":{"rendered":"Adani Stocks Crosses 12 Lakh Crore Cap as Nifty Hits Record High"},"content":{"rendered":"\n<p class=\"has-contrast-2-color has-text-color has-link-color wp-elements-b0a1eb3d8c8bc4b56a44de9fd603412b\" style=\"font-size:15px\"><em>Following the results of the state elections, which increased confidence in the nation&#8217;s political stability, the domestic market, including Sensex and Nifty 50, saw significant increases.<\/em><\/p>\n\n\n\n<p class=\"has-drop-cap\">With the spectacular victories of the Bharatiya Janata Party (BJP) in three states, Adani Group equities saw notable spikes of between 3% and 10% during Monday&#8217;s trading session. Surpassing exit poll projections, Indian equities hit a record high at the same time as the rally.<\/p>\n\n\n\n<pre class=\"wp-block-verse\"><strong>Election-o-mania<\/strong>\nAnalysts noted that the BJP could have a strong tailwind due to its ability to avoid anti-incumbency and hold onto a large state like Madhya Pradesh while also regaining control of Rajasthan and Chhattisgarh.\n<\/pre>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/gift-nifty.info\/wp-content\/uploads\/2023\/12\/Adani-1024x575.jpg\" alt=\"Nifty \" class=\"wp-image-318\"\/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>The consensus among analysts is that the election result not only confirms forecasts that the BJP will retake power in 2024, but it also sparked positive mood in the market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Highest Since Hinderburg Report<\/h2>\n\n\n\n<p>The Adani Group&#8217;s total market value has topped \u20b912 lakh crore as a result of today&#8217;s increase. This milestone is especially significant because it is the first time the group&#8217;s market cap has surpassed this level since it dropped below it on January 31, one week after the Hindenburg Report was made public.<\/p>\n\n\n\n<p>The market capitalization of the Adani Group is still 50% behind its peak of \u20b924.8 lakh crore, while having recovered more than 90% from its all-time low of \u20b96.8 lakh crore.<\/p>\n\n\n\n<p>Following a Supreme Court panel led by Chief Justice of India DY Chandrachud delaying its decision in the Adani-Hindenburg case, Adani Group equities saw their best performance last week since the publication of the Hindenburg Report. The top court underlined that the capital market watchdog SEBI had to wrap up its investigation in each of the 24 instances.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/gift-nifty.info\/wp-content\/uploads\/2023\/12\/adani-stocks-1024x572.jpg\" alt=\"adani stocks\" class=\"wp-image-320\"\/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>The recovery of the Adani Group and the upbeat mood in the market following the election highlight the continued influence of legal actions on stock performance and highlight the delicate balance between investor confidence and regulatory monitoring.<\/p>\n\n\n\n<p><em>Also Read:<\/em> <a href=\"https:\/\/gift-nifty.info\/blog\/bitcoin-breaks-40k-mark-first-since-may-2022\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin Breaks $40k mark<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Comments By Experts<\/h2>\n\n\n\n<p>&#8220;We are definitely watching out ACC-Ambuja twins. The cement pack is something that can do exceedingly well, generally in the next few years. And obviously, I think the kinds of numbers that they have been posting, the expectation is that synergies and operational efficiencies will start flowing in,&#8221; <strong>Mayuresh Joshi<\/strong> of William O&#8217;Neil told CNBC-TV18.<\/p>\n\n\n\n<p>&#8220;The other one also to watch out for only Adani Ports. A lot of activity is probably expected to come through in terms of both container volumes and the expectations in the sum of parts that Adani Ports probably derives as part of its intrinsic value as well. So nothing in terms of something that we are buying right now. But these two stocks, definitely out of the whole pack do remain on our radar,&#8221; he said.<\/p>\n\n\n\n<p>According to <strong><a href=\"https:\/\/www.bloomberg.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bloomberg<\/a><\/strong>, the sharp gains in Adani Group stocks made &#8220;Gautam Adani add $5.6 billion to his net worth last week after India\u2019s top court concluded hearings in a lawsuit where Sebi is probing wide-ranging allegations of corporate malfeasance against the conglomerate.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Sensex and Nifty\u2019s Performance Avid Election<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/gift-nifty.info\/wp-content\/uploads\/2023\/12\/sensex-Nifty.jpg\" alt=\"Nifty &amp; sensex\" class=\"wp-image-319\"\/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p> Sensex reached a new high of 68,918.22 and the Nifty 50 reached its record high of 20,702.65. Also reaching record highs of 35,124.23 and 41,221.91, respectively, were the BSE Midcap and Smallcap indices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the results of the state elections, which increased confidence in the nation&#8217;s political stability, the domestic market, including Sensex and Nifty 50, saw significant increases. With the spectacular victories of the Bharatiya Janata Party (BJP) in three states, Adani Group equities saw notable spikes of between 3% and 10% during Monday&#8217;s trading session. Surpassing &#8230; <a title=\"Adani Stocks Crosses 12 Lakh Crore Cap as Nifty Hits Record High\" class=\"read-more\" href=\"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/\" aria-label=\"Read more about Adani Stocks Crosses 12 Lakh Crore Cap as Nifty Hits Record High\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-317","post","type-post","status-publish","format-standard","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Adani Stocks Crosses 12 Lakh Crore Cap as Nifty Hits Record High - Gift Nifty Info<\/title>\n<meta name=\"description\" content=\"Explore the financial milestone as Adani stocks soar to 12 Lakh Crore Cap amid Nifty&#039;s record high. Dive into the dynamics of the Nifty surge in our latest update.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Adani Stocks Crosses 12 Lakh Crore Cap as Nifty Hits Record High - Gift Nifty Info\" \/>\n<meta property=\"og:description\" content=\"Explore the financial milestone as Adani stocks soar to 12 Lakh Crore Cap amid Nifty&#039;s record high. Dive into the dynamics of the Nifty surge in our latest update.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/\" \/>\n<meta property=\"og:site_name\" content=\"Gift Nifty Info\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-05T09:17:01+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/\",\"url\":\"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/\",\"name\":\"Adani Stocks Crosses 12 Lakh Crore Cap as Nifty Hits Record High - Gift Nifty Info\",\"isPartOf\":{\"@id\":\"https:\/\/gift-nifty.info\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/gift-nifty.info\/wp-content\/uploads\/2023\/12\/Adani-1024x575.jpg\",\"datePublished\":\"2023-12-05T09:17:01+00:00\",\"author\":{\"@id\":\"https:\/\/gift-nifty.info\/#\/schema\/person\/c6a339066e333b6da0032ffe1f606d4f\"},\"description\":\"Explore the financial milestone as Adani stocks soar to 12 Lakh Crore Cap amid Nifty's record high. Dive into the dynamics of the Nifty surge in our latest update.\",\"breadcrumb\":{\"@id\":\"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/gift-nifty.info\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Adani Stocks Crosses 12 Lakh Crore Cap as Nifty Hits Record High\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gift-nifty.info\/#website\",\"url\":\"https:\/\/gift-nifty.info\/\",\"name\":\"Gift Nifty Info\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/gift-nifty.info\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/gift-nifty.info\/#\/schema\/person\/c6a339066e333b6da0032ffe1f606d4f\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/gift-nifty.info\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e572b856a5762e368ce7bf239b31b419?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e572b856a5762e368ce7bf239b31b419?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/gift-nifty.info\"],\"url\":\"https:\/\/gift-nifty.info\/author\/intowninfotechgmail-com\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Adani Stocks Crosses 12 Lakh Crore Cap as Nifty Hits Record High - Gift Nifty Info","description":"Explore the financial milestone as Adani stocks soar to 12 Lakh Crore Cap amid Nifty's record high. Dive into the dynamics of the Nifty surge in our latest update.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/","og_locale":"en_US","og_type":"article","og_title":"Adani Stocks Crosses 12 Lakh Crore Cap as Nifty Hits Record High - Gift Nifty Info","og_description":"Explore the financial milestone as Adani stocks soar to 12 Lakh Crore Cap amid Nifty's record high. Dive into the dynamics of the Nifty surge in our latest update.","og_url":"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/","og_site_name":"Gift Nifty Info","article_published_time":"2023-12-05T09:17:01+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/","url":"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/","name":"Adani Stocks Crosses 12 Lakh Crore Cap as Nifty Hits Record High - Gift Nifty Info","isPartOf":{"@id":"https:\/\/gift-nifty.info\/#website"},"primaryImageOfPage":{"@id":"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/#primaryimage"},"image":{"@id":"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/#primaryimage"},"thumbnailUrl":"https:\/\/gift-nifty.info\/wp-content\/uploads\/2023\/12\/Adani-1024x575.jpg","datePublished":"2023-12-05T09:17:01+00:00","author":{"@id":"https:\/\/gift-nifty.info\/#\/schema\/person\/c6a339066e333b6da0032ffe1f606d4f"},"description":"Explore the financial milestone as Adani stocks soar to 12 Lakh Crore Cap amid Nifty's record high. Dive into the dynamics of the Nifty surge in our latest update.","breadcrumb":{"@id":"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/gift-nifty.info\/2023\/12\/05\/adani-stocks-crosses-12-lakh-crore-cap-as-nifty-hits-record-high\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/gift-nifty.info\/"},{"@type":"ListItem","position":2,"name":"Adani Stocks Crosses 12 Lakh Crore Cap as Nifty Hits Record High"}]},{"@type":"WebSite","@id":"https:\/\/gift-nifty.info\/#website","url":"https:\/\/gift-nifty.info\/","name":"Gift Nifty Info","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gift-nifty.info\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/gift-nifty.info\/#\/schema\/person\/c6a339066e333b6da0032ffe1f606d4f","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gift-nifty.info\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e572b856a5762e368ce7bf239b31b419?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e572b856a5762e368ce7bf239b31b419?s=96&d=mm&r=g","caption":"admin"},"sameAs":["https:\/\/gift-nifty.info"],"url":"https:\/\/gift-nifty.info\/author\/intowninfotechgmail-com\/"}]}},"_links":{"self":[{"href":"https:\/\/gift-nifty.info\/wp-json\/wp\/v2\/posts\/317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gift-nifty.info\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gift-nifty.info\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gift-nifty.info\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gift-nifty.info\/wp-json\/wp\/v2\/comments?post=317"}],"version-history":[{"count":0,"href":"https:\/\/gift-nifty.info\/wp-json\/wp\/v2\/posts\/317\/revisions"}],"wp:attachment":[{"href":"https:\/\/gift-nifty.info\/wp-json\/wp\/v2\/media?parent=317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gift-nifty.info\/wp-json\/wp\/v2\/categories?post=317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gift-nifty.info\/wp-json\/wp\/v2\/tags?post=317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}