Adani Stocks Rally 16% Amid Market Surge

2024 • 3min • News • Business


Published On: June 03, 2024 - After exit polls unanimously predicted the return of the Modi-led NDA government, stock markets rallied over 3% on Monday. Not just this, the stocks of the multi-billion-dollar Adani conglomerate rallied as much as 16%, as markets opened after exit polls. The combined market capitalisation of all 10 listed Adani stocks rose by nearly Rs 1.4 lakh crore, taking the total market value of the conglomerate's listed entities above Rs 20 lakh crore mark in the early session on Monday. Watch this explainer video by News9’s Shweta Kothari.