Adani Group’s Big Announcement Shakes Cable Companies, Shares Drop by Up to 10%

Adani Group

The shares of cable and wire companies plunged by up to 10% on Thursday after the Adani Group announced its entry into the cables and wires industry. This marks the second major setback for the sector in recent months, following the Birla Group’s announcement of entering the segment through UltraTech Cement. Cable and Wire Companies … Read more

Sensex, Nifty Close Flat After Two Days of Gains Amid Volatile Trading Session

Sensex Drops

New Delhi, March 7: After two consecutive days of upward momentum, Indian stock markets closed on a flat note today amid heightened volatility and mixed trading. The BSE Sensex ended with negligible losses of 0.01 percent, while the NSE Nifty closed marginally higher by 0.03 percent, indicating cautious investor sentiment on the final trading day … Read more

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