Adani Group stocks witnessed a strong rally on Wednesday as the stock market rebounded after 10 days of losses. Shares across its businesses, from energy to ports, saw significant gains.
Adani Green Energy led the surge, jumping 10.59% to close at ₹849.95, after hitting an intra-day high of ₹857.90 and a low of ₹769. Adani Energy Solutions followed with a 9.33% rise, closing at ₹707, while Adani Total Gas gained 6.41% to ₹582.20.
Adani Enterprises, the group’s flagship company, ended 4.53% higher at ₹2,242. Adani Ports climbed 5.15% to ₹1,112.45, and Adani Power advanced 3.95% to ₹502.35. The group’s cement business, Ambuja Cements, also saw a 3.07% rise, closing at ₹489.60.
The broader market also surged after consecutive losses. The Sensex jumped 740 points (1.01%) to close at 73,730, while the Nifty climbed 254 points (1.15%) to 22,337.
Investor sentiment improved after US Commerce Secretary Howard Lutnick hinted at possible tariff relief for Mexico and Canada. This raised hopes of a broader tariff rollback, fueling market optimism.
Market Capitalisation Soars ₹9 Lakh Crore
The stock rally significantly boosted the total market capitalisation of companies listed on the Bombay Stock Exchange (BSE). The total market value increased by ₹9 lakh crore, reaching ₹393 lakh crore, up from ₹384 lakh crore on March 4.
The strong recovery in Adani stocks and the broader market indicates renewed investor confidence, driving further market momentum.
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