Sensex fell over 500 points, investors’ wealth increased by 1.3 lakh crore, while Adani Green gained 20%

Today the Sensex fell by 482 points.

Today the Sensex fell by 482 points.

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Following today’s drop, the market capitalization of BSE-listed companies has dropped to Rs 275.41 lakh crore. It was Rs 274.10 lakh crore last week. Despite the fact that the market has declined, the wealth of investors has increased.

The stock market was under pressure on the first day of the week, and the Sensex fell below 59 thousand for the second time. The Sensex fell 482 points today, closing at 58964. With a 103-point drop, the Nifty ended the day at 17681. Today, eight of the Sensex’s top-30 equities closed higher, while 22 closed lower. ICICI Bank, NTPC, and Tata Consultancy Services (TCS) all saw rises, while HCL, L&T, Infosys, and Wipro all saw declines. Adani Green’s stock has risen 20% in the last 24 hours.

Following today’s drop, the market capitalization of BSE-listed companies has dropped to Rs 275.41 lakh crore. It was Rs 274.10 lakh crore last week. Despite the stock market’s decline, investors’ wealth increased. The wealth of investors has increased by Rs 1.3 lakh crore today.

Adani Green is up 15%.

Adani Green’s stock has risen by 20% today. With a gain of 14.79 percent today, the stock closed at Rs 2665. During the course of the transaction, a new high of Rs 2786 was achieved. The company’s market capitalization increased to Rs 4.16 lakh crore as a result of this surge. So far this year, this stock has returned 26 percent in the last week, 43 percent in one month, 70 percent in three months, and 100 percent.

The Adani Group has received a $2 billion investment.

In reality, Abu Dhabi’s investment firm International Holding Company has stated that it will spend more than $ 2 billion, or Rs 15,000 crore, in three Adani Group enterprises. Adani Green Energy Limited, Adani Transmission, and Adani Enterprises are the three Adani Group entities. Its stock has risen today as a result of this announcement.

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Adani Green is now India’s 11th largest firm.

For the first time, Adani Green’s revenue has surpassed Rs 4 lakh crore. It is currently the country’s 11th largest corporation. If the company’s market capitalization exceeds 4.25 lakh crores, it will join the top ten list, which includes businesses like Reliance, Tata, and HDFC. As a result, despite not being in the Nifty Top-50, it will be the first company to be featured in the list of top-10 corporations.

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