Stock Market Live Updates: Adani Group soars as Supreme Court rejects SIT probe; Sensex, Nifty decline

Sensex, Nifty, Share Prices LIVE: The Indian benchmark indices, Sensex and Nifty, showed weakness driven by fragile global cues. By 1 p.m., Sensex was down 353.18 points at 71,539.30, while Nifty dropped 103.05 points to 21,562.75. Analysts emphasised the need for new catalysts in global and domestic markets as current positives seemed factored in. Market data indicated minor changes in FIIs’ positions in options trading. Adani group stocks surged despite the market’s slow pace post the Supreme Court’s dismissal of SIT investigations. SEBI was tasked to conclude its probe within three months. Adani Energy Solutions spiked 17.83%, NDTV by 11.39%, and others nearly 10% on BSE. Adani Ports and Ambuja Cements hit 52-week highs. The Supreme Court directed SEBI to complete pending investigations within three months, ruling out the need for an SIT probe. Read More | Source: The Hindu Business Line

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