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adani group stocks: Adani stocks jump up to 7% as investors look beyond bribery charges - The Economic Times
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Congress's RS MP Pramod Tiwari said his party wanted the Adani issue to be taken up in Parliament as the first thing when it met on Monday. "It is a grave issue involving the country's economic and security interests as over Rs 2,300 crore was allegedly paid by the company to politicians and bureaucrats to get favourable deals for its solar energy projects," he said." property="og:description"><meta content="The Economic Times" property="og:site_name"><meta content="website" property="og:type"><meta content="https://economictimes.indiatimes.com/markets/stocks/news/adani-group-stocks-in-focus-as-opposition-set-to-corner-govt-in-parliament-winter-session-starting-today/articleshow/115642408.cms" property="og:url"><meta content="https://img.etimg.com/thumb/msid-115642386,width-1200,height-630,imgsize-1162830,overlay-etmarkets/articleshow.jpg" property="og:image"><link href="https://img.etimg.com/thumb/msid-115642386,width-1200,height-630,imgsize-1162830,overlay-etmarkets/articleshow.jpg" rel="image_src"><meta content="https://economictimes.indiatimes.com" name="website"><meta content="website" name="object_type"><meta value="summary_large_image" name="twitter:card"><meta value="@EconomicTimes" name="twitter:site"><meta content="https://economictimes.indiatimes.com/markets/stocks/news/adani-group-stocks-in-focus-as-opposition-set-to-corner-govt-in-parliament-winter-session-starting-today/articleshow/115642408.cms" name="twitter:url"><meta content="Adani stocks jump up to 7% as investors look beyond bribery charges" name="twitter:title"><meta content="Congress MPs raised bribery charges against Adani Group. Congress's RS MP Pramod Tiwari said his party wanted the Adani issue to be taken up in Parliament as the first thing when it met on Monday. "It is a grave issue involving the country's economic and security interests as over Rs 2,300 crore was allegedly paid by the company to politicians and bureaucrats to get favourable deals for its solar energy projects," he said." name="twitter:description"><meta content="https://img.etimg.com/thumb/msid-115642386,width-1200,height-630,imgsize-1162830,overlay-etmarkets/articleshow.jpg" name="twitter:image"><link rel="image_src" href="https://img.etimg.com/thumb/msid-115642386,width-1200,height-630,imgsize-1162830,overlay-etmarkets/articleshow.jpg"><meta content="max-image-preview:large" name="robots"><link rel="canonical" href="https://m.economictimes.com/markets/stocks/news/adani-group-stocks-in-focus-as-opposition-set-to-corner-govt-in-parliament-winter-session-starting-today/articleshow/115642408.cms"><link rel="amphtml" href="https://m.economictimes.com/markets/stocks/news/adani-group-stocks-in-focus-as-opposition-set-to-corner-govt-in-parliament-winter-session-starting-today/amp_articleshow/115642408.cms"><link href="https://economictimes.indiatimes.com/markets/stocks/news/adani-group-stocks-in-focus-as-opposition-set-to-corner-govt-in-parliament-winter-session-starting-today/articleshow/115642408.cms" media="handheld" rel="alternate"><meta content="etapp://articleshow/115642408" property="al:ios:url"><meta content="474766725" property="al:ios:app_store_id"><meta content=" The Economic Times App" property="al:ios:app_name"><meta content="etandroidapp://articleshow/115642408" property="al:android:url"><meta content="com.et.reader.activities" property="al:android:com"><meta content="The Economic Times" property="al:android:app_name"><link rel="alternate" href="android-app://com.et.reader.activities/etandroidapp/article/115642408"><meta content="Adani stocks jump up to 7% as investors look beyond bribery charges - The Economic Times" itemprop="name"><meta content="Congress MPs raised bribery charges against Adani Group. Congress's RS MP Pramod Tiwari said his party wanted the Adani issue to be taken up in Parliament as the first thing when it met on Monday. "It is a grave issue involving the country's economic and security interests as over Rs 2,300 crore was allegedly paid by the company to politicians and bureaucrats to get favourable deals for its solar energy projects," he said." itemprop="description"><meta content="https://img.etimg.com/thumb/msid-115642386,width-1200,height-630,imgsize-1162830,overlay-etmarkets/articleshow.jpg" itemprop="image"><meta content="https://economictimes.indiatimes.com/" name="website"><meta content="website" name="object_type"><meta content="IN" name="twitter:app:country"><meta content="The Economic Times App" name="twitter:app:name:iphone"><meta content="474766725" name="twitter:app:id:iphone"><meta name="twitter:app:url:iphone" content="etapp://articleshow/115642408"><meta content="The Economic Times App" name="twitter:app:name:googleplay"><meta content="com.et.reader.activities" name="twitter:app:id:googleplay"><meta name="twitter:app:url:googleplay" content="etandroidapp://articleshow/115642408"><meta property="fb:pages" content="400601983320296"><script> var msid = '115642408', isAdaptive = '1', isPremium = '', art_hostId = 153, navSecId = 2146843, plistCFMid = 2146843; </script><script> var arrArticleList = [115404192,115566985,115647632,115647183,115646672,115646568,115646162,115646040,115645971,115645837,115644175,115643903]; var arrArticleData = []; try { arrArticleData = [ {msid: 115647632,title: `RITES shares soar nearly 13% after securing Rs 532 crore order from Northeast Frontier Railway`, url: 'https://economictimes.indiatimes.com/markets/stocks/news/rites-shares-soar-nearly-13-after-securing-rs-532-crore-order-from-northeast-frontier-railway/articleshow/115647632.cms', img: 115647632}, {msid: 115647183,title: `Citi upgrades Reliance Industries rating to 'Buy,' raises target price to Rs 1,530`, url: 'https://economictimes.indiatimes.com/markets/stocks/news/citi-upgrades-reliance-industries-rating-to-buy-raises-target-price-to-rs-1530/articleshow/115647183.cms', img: 115647183}, {msid: 115646672,title: `PSU stocks surge up to 11% as Maharashtra election results boost market sentiment`, url: 'https://economictimes.indiatimes.com/markets/stocks/news/psu-stocks-surge-up-to-11-as-maharashtra-election-results-boost-market-sentiment/articleshow/115646672.cms', img: 115646672}, {msid: 115646568,title: `MSCI rejig today: Indian stocks to see $2.5 billion inflows, spotlight on HDFC Bank`, url: 'https://economictimes.indiatimes.com/markets/stocks/news/msci-rejig-today-indian-stocks-to-see-2-5-billion-inflows-spotlight-on-hdfc-bank/articleshow/115646568.cms', img: 115646568}, {msid: 115646162,title: `F&O Radar | Deploy Short Iron Condor for potential gains from sideways market`, url: 'https://economictimes.indiatimes.com/markets/stocks/news/fo-radar-deploy-short-iron-condor-for-potential-gains-from-sideways-market/articleshow/115646162.cms', img: 115646162}, {msid: 115646040,title: `Shakti Pumps shares hit 5% upper circuit as stock trades ex-bonus today`, url: 'https://economictimes.indiatimes.com/markets/stocks/news/shakti-pumps-shares-hit-5-upper-circuit-as-stock-trades-ex-bonus-today/articleshow/115646040.cms', img: 115646040}, {msid: 115645971,title: `Swan Energy shares soar 6% on approving amalgamation of subsidiary with Reliance Naval Engineering`, url: 'https://economictimes.indiatimes.com/markets/stocks/news/swan-energy-shares-soar-6-on-approving-amalgamation-of-subsidiary-with-reliance-naval-engineering/articleshow/115645971.cms', img: 115645971}, {msid: 115645837,title: `Tech cos' Q2FY25 results ahead of estimates. 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shoshStatus="0" id="adStatus" data-adtype="atf728" style="display:none;"></div><!--/dfpads_all.cms?msid=115642408&adpos=atf728potime:34--></div><div class="band" id=""><div class="contentwrapper bandCont clearfix"><div class="flipWrapper"><div class="mkt_indices_band clearfix"><div class="band-items" id="S1_box"><div class="band-item clearfix"><div class="band-content"><div class="head"><a target="_blank" href="https://economictimes.indiatimes.com/markets/indices/nifty-50">Benchmarks </a></div><div class="values"><a class="wname" target="_blank" href="https://economictimes.indiatimes.com/markets/indices/nifty-50">Nifty</a><span class="num">24,309.15</span><span class="per cSprite_b green">401.91</span></div></div></div></div><div class="S5_box_wrapper"><div id="S5_box" class="band-items"><a rel="nofollow sponsored" target="_blank" href="https://www.canararobeco.com/smart-invest/sign-in/?utm_source=et-i&utm_medium=invest_now&utm_campaign=canara_robeco_infrastructure" 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2.114-1.6 3.526-1.673 1.4-.074 2.617.359 3.652 1.297 1.035.939 1.59 2.107 1.663 3.507.03.567-.034 1.12-.191 1.657a5.032 5.032 0 0 1-.754 1.529l3.967 3.538a.614.614 0 0 1 .048.869.617.617 0 0 1-.872.046zM8.925 8.723a3.76 3.76 0 0 0 .985-2.801 3.76 3.76 0 0 0-1.273-2.683 3.71 3.71 0 0 0-2.792-.995c-1.082.056-1.983.484-2.702 1.283-.72.798-1.051 1.732-.995 2.802.056 1.069.483 1.963 1.282 2.682.799.72 1.74 1.05 2.822.994a3.71 3.71 0 0 0 2.673-1.282z"/></svg><input autocomplete="off" data-search-input="" name="ticker_newsearch" class="inputBox" placeholder="Search Stock Quotes, News, Mutual Funds and more" type="text"><div class="right_icon close_search"></div></div></div></div><!--/market_topband.cms?newband=0&tpname=articleshow_mainpotime:3--><header class="header default clearfix articleshow_main"><div class="dtc vam logoPart tac"><a href="/" title="The Economic Times"><img fetchpriority="high" alt="The Economic Times" class="dib" width="274" height="26" 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data-blacklist="0" data-article_id="115642408" data-hostid="153" data-artitype="ET Free" data-artdate="Nov 25, 2024, 08:57:00 AM IST" data-arttitle="Adani stocks jump up to 7% as investors look beyond bribery charges" data-artseo="markets/stocks/news/adani-group-stocks-in-focus-as-opposition-set-to-corner-govt-in-parliament-winter-session-starting-today" data-agency="ETMarkets.com" data-authors="" data-artidate="Nov 25, 2024, 08:57:00 AM IST" data-hyp1="adani group stocks,adani stocks in focus,parliament winter session,gautam adani,us indictment,US prosecutors indictment,legal proceedings,bribery allegations,Congress MPs,stock prices plunge" data-keywords="adani group stocks,adani stocks in focus,parliament winter session,gautam adani,us indictment,US prosecutors indictment,legal proceedings,bribery allegations,Congress MPs,stock prices plunge" data-publish-type="Native - 115642408" data-audCnt="No" data-vidCnt="No" data-age="<72hrs" data-no-of-words="820.0"><script 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Comment Clicks#Clicks Comment - 115642408#ATF"><span class="asSprite c_icon"></span><span class="cmnt_count hidden"></span><span>Comment</span></div></div></div></div><div class="edition clearfix"><div class="pageContent flt"><div style="position:absolute; height:250px; width:300px; top:12px; right:1%" id="primuser_ad_absolute"><div data-loc="All" data-user="subscribed" data-size="[[300,250]]" data-adsSlot="ET_Prime/ET_Prime_AS/ET_Prime_AS_ATF_Mid_Banner" id="primead_115642408" class="primeuser_asmidad"></div></div><div class="artSyn bgPink"><div class="bold">Synopsis</div><h2 class="summary">Congress MPs raised bribery charges against Adani Group. Congress's RS MP Pramod Tiwari said his party wanted the Adani issue to be taken up in Parliament as the first thing when it met on Monday. "It is a grave issue involving the country's economic and security interests as over Rs 2,300 crore was allegedly paid by the company to politicians and bureaucrats to get favourable deals for its solar energy projects," he said.</h2></div><article competitionClients="" currency_ad="1" data-apw="1" class="artData clr paywall"><div class="imgBox smallImg"><figure class="artImg"><img height="158" width="210" alt="Adani Group stocks in focus as opposition set to corner govt in Parliament Winter session starting today" src="https://img.etimg.com/thumb/msid-115642386,width-210,height-158,imgsize-1162830,resizemode-75/adani-group-stocks-in-focus-as-opposition-set-to-corner-govt-in-parliament-winter-session-starting-today.jpg"><span class="imgAgency">Agencies</span></figure></div><div data-brCount="39" class="artText"><a ref="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" href="/topic/adani-group-stocks" target="_blank">Adani Group stocks</a> surged up to 7% on Monday as investors believe that <a data-ga-onclick="Inarticle articleshow link click#Markets#href" target="_blank" href="(/panache/panache-people-101/gautam-adani)/profileshow/79680069.cms">Gautam Adani</a> and others charged with bribery, securities fraud, and wire fraud in the US have a strong case to challenge the indictment.<br><br>Shares of Adani Enterprises surged 4% to Rs 2,319.90 while Adani Energy shares zoomed nearly 7% to a high of Rs 694.15.<br><div data-mid-newpos-mgid="mgid_115642408" id="div-mgid-mid-newpos-115642408"></div><div style="margin-bottom:45px;" hello="5" class="adBox custom_ad taboola" data-taboola="taboola_115642408"><div class="colombia colombiaAd" data-section="0" data-position="115642408" data-slot="532740" col="4" data-msg="ctnCallbackHandler" id="div-clmb-ctn-208630-115642408-39"></div><div id="v-economictimes-indiatimes-v3"></div><div data-placement="Mid Article Thumbnails" data-target_type="mix" data-mode="thumbnails-mid" style="min-height:400px; margin-bottom:12px;" class="wdt-taboola" id="taboola-mid-article-thumbnails-115642408"></div></div><br>Meanwhile, the shares of Adani Ports and Adani Power also jumped 4.6%, Adani Green Energy shares were up by 6.4% and Adani Total Gas shares were up by 5%. Shares of other companies like Adani Wilmar, ACC and Ambuja Cements zoomed between 2-3%.<br><br>Experts say commencement of trial in the case appears a long way off, according to a report by ET.<br><div class="stockpro_widget"></div><br>In the meantime, opposition parties are pushing for a discussion on <a ref="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" href="/topic/bribery-allegations" target="_blank">bribery allegations</a> against the conglomerate, coinciding with the start of Parliament's Winter Session today.<br><div data-ga-impression="GrowFast_Web#Impression#url" class="growfast_widget custom_ad"><a data-ga-onclick="GrowFast_Web#Click#url" target="_blank" title="Growfast Logo" href="https://growfast.indiatimes.com/?ag=ET_Web"><img src="https://img.etimg.com/thumb/width-513,height-50,msid-115075348/growfast.jpg" alt="Growfast" height="40" width="410" loading="lazy"></a><div class="growfast_slider"><ul class="sliderContainer"><li><a data-ga-onclick="GrowFast_Web#Click#ROC Made Easy: Master Course for ROC Stock Indicator" title="ROC Made Easy: Master Course for ROC Stock Indicator" href="https://growfast.indiatimes.com/courses/roc-simplified-mastering-the-roc-stock-indicator-course/1257?ag=ET_Web"><div class="images_wrap"><img class="cover_img" src="https://img.etb2bimg.com/files/retail_files/1257_cover_image_1726142613_10173.jpg" loading="lazy" height="80" width="300" alt="ROC Made Easy: Master Course for ROC Stock Indicator"><img class="author_img" loading="lazy" height="56" width="56" alt="" src="https://img.etb2bimg.com/files/retail_files/expert_4721_picture_1724919266_72318.jpg"></div><div class="details"><p class="category">Stock Trading</p><p class="course_name">ROC Made Easy: Master Course for ROC Stock Indicator</p><p class="author_name">By - 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Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant</p><button class="view">View Program <span></span></button></div></a></li></ul></div><div class="nextprev-btn"><span class="arrow_btn prev-btn cSprite disable"></span><span class="arrow_btn next-btn cSprite"></span></div><div class="ts-dots"><ul class="sliderContainer"></ul></div></div><!--/include_growfast.cms?pagename=article&skipcss=1&ismarket=1potime:1--><br><div data-mid-vdoai="vdoai_115642408" id="div-vdoai-mid-115642408"></div>The government, however, has stated that the business advisory committees of both Houses will decide on discussion topics, urging all parties to ensure smooth parliamentary proceedings.<br><br><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_ROS/ET_News_ROS_MID_INTL_300" data-loc="100" id="div-gpt-ad-858478126-1-115642408" class="country_specAD"></div><a ref="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" href="/topic/congress-mps" target="_blank">Congress MPs</a> raised bribery charges against Adani Group. Congress's RS MP Pramod Tiwari said his party wanted the Adani issue to be taken up in Parliament as the first thing when it met on Monday. "It is a grave issue involving the country's economic and security interests as over Rs 2,300 crore was allegedly paid by the company to politicians and bureaucrats to get favourable deals for its solar energy projects," he said.<br><br><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_ROS/ET_News_ROS_MID1_INTL_300" data-loc="2" id="div-gpt-ad-858478132-1-115642408" class="country_specAD2nd"></div><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_ROS/ET_News_ROS_MID1_INTL_300" data-loc="5" id="div-gpt-ad-858478132-1-115642408" class="country_specAD2nd"></div><div data-size="[[300, 250], [600, 250], [600, 300]]" data-adsSlot="/7176/Economictimes/ET_News/ET_News_ROS/ET_News_ROS_MID1_INTL_300" data-loc="3" id="div-gpt-ad-858478132-1-115642408" class="country_specAD2nd"></div>Parliamentary Affairs Minister Kiren Rijiju responded, stating that the decision on discussing the issue rests with the business advisory committees and requires approval from the Lok Sabha Speaker and Rajya Sabha Chairperson.<br><br>Meanwhile, according to legal experts, Adani Group founder-chairman Gautam Adani and others charged with foreign bribery, securities fraud and wire fraud conspiracies by US prosecutors have a solid case against their indictment.<br><br>Adanis have a strong case to challenge the US grand jury's indictment order, and they are likely to consult their foreign counsels for their next step," said Mahesh Agarwal, managing partner at Agarwal Law Associates.<br><br>The legal experts believe that the way forward for Adani's legal team would entail carefully examining extensive evidence collected through investigations by various investigative agencies in the US.<br><br>"Until Adani personally appears in the US court, his legal team can only challenge the indictment on procedural grounds-by questioning whether the US prosecutors have the jurisdiction to bring charges against him. Once he is present before the US judge, he can contest the indictment by arguing that the allegations lack a solid legal foundation or are unsupported by factual evidence," said corporate and legal advisor Akshat Khetan.<br><br>"This situation reminds me of how charges are handled in India. Here, public figures are often labelled as corrupt based solely on a charge sheet-without a trial or conviction. Their reputations are tarnished prematurely, as though a judicial body has already confirmed their guilt. This case, though in a US court, warrants the same caution. Allegations do not equate to guilt; only a conviction can determine that," said Khetan.<br><br>Lawyers say that the US Department of Justice itself has mentioned that the charges levelled against the defendants (Adanis) are only allegations, and that the defendants are presumed to be innocent unless and until proven guilty. "My legal understanding is that the case is poor, and baseless on the ground of jurisdiction and motivated to destabilise the relations between the US and India," said Agarwal.<br><br>Experts say commencement of trial in the case appears a long way off. The first and the foremost step is the issuance of warrants of summon/arrest by US prosecutors on Adanis. No criminal proceedings in New York can proceed without service of notice. The US Constitution's Procedural Due Process Clause requires that defendants have proper notice of court proceedings to give them a chance for presenting their objections.<br><br><strong>Also Read: <a data-ga-onclick="Inarticle articleshow link click#Markets#href" href="https://economictimes.indiatimes.com/markets/stocks/news/nifty-bullish-on-charts-could-aim-at-24500-analysts/articleshow/115639257.cms" target="_blank">Nifty bullish on charts, could aim at 24,500 : Analysts</a><br></strong><br>According to the <a ref="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" href="/topic/us-indictment" target="_blank">US indictment</a>, Adani misled U.S. investors with falsified documents and concealed transactions while raising funds over several years. The scheme allegedly involved more than $2 billion raised through loans and bonds, some of which were from American financial institutions, all built on false claims related to anti-bribery practices and reports of an ongoing bribery probe.<br><br>In response to the allegations, the Adani Group rejected the charges. A statement from the company described the accusations as "baseless" and said they will pursue all available legal avenues to contest the claims. Despite this strong rebuttal, the damage to Adani's stock prices was already done, with shares of Adani Group companies plunging by as much as 20% on November 21 alone.<br><br>As the Winter Session begins, all eyes remain on the government’s response to opposition demands and the unfolding <a ref="dofollow" data-ga-onclick="Inarticle articleshow link click#Markets#href" href="/topic/legal-proceedings" target="_blank">legal proceedings</a> in the US.<br><br>(<strong>Disclaimer</strong>: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)<br><style> #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} </style><!--/article_liveblog.cms?msid=105115637&pos=botpotime:1--><div class="hide_content mt10"><div><a target="_blank" href=""></a></div><!--/rigi_hyperlink.cmspotime:1--></div><div class="inSideInd"><br><br><em>(You can now subscribe to our <a rel="nofollow" href="https://www.whatsapp.com/channel/0029VaAr2nxHbFV91x3BKx10" target="_blank" data-ga-onclick="WhtsApChnl#Click_Web#Markets">ETMarkets WhatsApp channel</a>)<br></em></div></div><div class="clr"></div><div class="clr"></div><div class="rating_block hide ftr custom_ad"></div><div class="inSideInd"><div class="clearfix relTopics raltedTopics" data-ga-action="Widget Read More News"><h4 class="uc">Read More News on</h4><div><a data-track="ReadMore1" data-ga-onclick="1 - href" href="/topic/adani-group-stocks">adani group stocks</a><a data-track="ReadMore2" data-ga-onclick="2 - href" href="/topic/adani-stocks-in-focus">adani stocks in focus</a><a data-track="ReadMore3" data-ga-onclick="3 - href" href="/topic/parliament-winter-session">parliament winter session</a><a data-track="ReadMore4" data-ga-onclick="4 - href" href="(/panache/panache-people-101/gautam-adani)/profileshow/79680069.cms">gautam adani</a><a data-track="ReadMore5" data-ga-onclick="5 - href" href="/topic/us-indictment">us indictment</a><a data-track="ReadMore6" data-ga-onclick="6 - href" href="/topic/us-prosecutors-indictment">US prosecutors indictment</a><a data-track="ReadMore7" data-ga-onclick="7 - href" href="/topic/legal-proceedings">legal proceedings</a><a data-track="ReadMore8" data-ga-onclick="8 - href" href="/topic/bribery-allegations">bribery allegations</a><a data-track="ReadMore9" data-ga-onclick="9 - href" href="/topic/congress-mps">Congress MPs</a><a data-track="ReadMore10" data-ga-onclick="10 - href" href="/topic/stock-prices-plunge">stock prices plunge</a></div></div></div><div data-placement="Below Article Thumbnails" data-target_type="mix" data-mode="thumbnails-below" style="margin-bottom:12px;" class="wdt-taboola" id="taboola-eoa-article-thumbnails-115642408"></div><div class="inSideInd"><div class="disclamerText disc_ellipsis"><p>(What's moving <a href="https://economictimes.indiatimes.com/indices/sensex_30_companies">Sensex</a> and <a href="https://economictimes.indiatimes.com/indices/nifty_50_companies">Nifty</a> Track <a href="https://economictimes.indiatimes.com/markets/stocks">latest market news</a>, <a href="https://economictimes.indiatimes.com/markets/stocks/recos">stock tips</a>, <a href="/budget">Budget 2024</a> and <a href="https://economictimes.indiatimes.com/markets/expert-view">expert advice</a>, on <a href="https://economictimes.indiatimes.com/markets">ETMarkets</a>. 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class="stockValue">147.0</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">4.85(3.42%)</span></td></tr><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/suzlon-energy-ltd/stocks/companyid-1209.cms" title="Suzlon Energy Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Suzlon Energy Share Price</a></td><td class="stockValue">64.65</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per red">-0.57(-0.88%)</span></td></tr><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/indian-renewable-energy-development-agency-ltd/stocks/companyid-4517.cms" title="IREDA Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">IREDA Share Price</a></td><td class="stockValue">192.86</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">7.37(3.97%)</span></td></tr><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-motors-ltd/stocks/companyid-12934.cms" title="Tata Motors Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Tata Motors Share Price</a></td><td class="stockValue">802.8</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">11.8(1.5%)</span></td></tr><tr><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/yes-bank-ltd/stocks/companyid-16552.cms" title="YES Bank Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">YES Bank Share Price</a></td><td class="stockValue">19.6</td></tr><tr><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">0.4(2.04%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/hdfc-bank-ltd/stocks/companyid-9195.cms" title="HDFC Bank Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">HDFC Bank Share Price</a></td><td class="stockValue">1766.65</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">21.06(1.21%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/nhpc-ltd/stocks/companyid-12536.cms" title="NHPC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">NHPC Share Price</a></td><td class="stockValue">81.6</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">2.44(3.09%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/rail-vikas-nigam-ltd/stocks/companyid-18466.cms" title="RVNL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">RVNL Share Price</a></td><td class="stockValue">446.9</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">26.7(6.36%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/state-bank-of-india/stocks/companyid-11984.cms" title="SBI Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">SBI Share Price</a></td><td class="stockValue">844.0</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">27.96(3.43%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-power-company-ltd/stocks/companyid-12918.cms" title="Tata Power Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Tata Power Share Price</a></td><td class="stockValue">418.8</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">5.06(1.23%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-steel-ltd/stocks/companyid-12902.cms" title="Tata Steel Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Tata Steel Share Price</a></td><td class="stockValue">144.95</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">2.17(1.52%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/adani-power-ltd/stocks/companyid-23479.cms" title="Adani Power Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Adani Power Share Price</a></td><td class="stockValue">462.8</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">2.36(0.52%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms" title="PayTM Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">PayTM Share Price</a></td><td class="stockValue">896.7</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per red">-4.25(-0.48%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/punjab-national-bank/stocks/companyid-11585.cms" title="PNB Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">PNB Share Price</a></td><td class="stockValue">104.51</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">4.7(4.7%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/zomato-ltd/stocks/companyid-57948.cms" title="Zomato Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Zomato Share Price</a></td><td class="stockValue">281.55</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_2"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">17.36(6.57%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/bharat-electronics-ltd/stocks/companyid-11945.cms" title="BEL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">BEL Share Price</a></td><td class="stockValue">292.8</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">11.95(4.26%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/bharat-heavy-electricals-ltd/stocks/companyid-11831.cms" title="BHEL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">BHEL Share Price</a></td><td class="stockValue">242.82</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">8.44(3.6%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms" title="Infosys Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Infosys Share Price</a></td><td class="stockValue">1887.75</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per red">-14.5(-0.77%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/indian-railway-catering-tourism-corporation-ltd/stocks/companyid-16705.cms" title="IRCTC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">IRCTC Share Price</a></td><td class="stockValue">820.1</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">11.5(1.43%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/itc-ltd/stocks/companyid-13554.cms" title="ITC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">ITC Share Price</a></td><td class="stockValue">479.9</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">5.25(1.11%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/jio-financial-services-ltd/stocks/companyid-14555.cms" title="Jio Financial Services Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Jio Financial Services Share Price</a></td><td class="stockValue">319.9</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">6.1(1.95%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/life-insurance-corporation-of-india/stocks/companyid-5050.cms" title="LIC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">LIC Share Price</a></td><td class="stockValue">905.1</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">15.61(1.76%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/reliance-industries-ltd/stocks/companyid-13215.cms" title="RIL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">RIL Share Price</a></td><td class="stockValue">1294.0</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">28.6(2.27%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/hindustan-aeronautics-ltd/stocks/companyid-9206.cms" title="HAL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">HAL Share Price</a></td><td class="stockValue">4258.95</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">147.6(3.6%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/jaiprakash-power-ventures-ltd/stocks/companyid-1513.cms" title="JP Power Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">JP Power Share Price</a></td><td class="stockValue">16.57</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_3"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">0.27(1.66%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/nbcc-india-ltd/stocks/companyid-4531.cms" title="NBCC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">NBCC Share Price</a></td><td class="stockValue">93.85</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">4.72(5.3%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms" title="TCS Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">TCS Share Price</a></td><td class="stockValue">4268.8</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">24.2(0.58%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/vedanta-ltd/stocks/companyid-13111.cms" title="Vedanta Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Vedanta Share Price</a></td><td class="stockValue">448.9</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">3.55(0.8%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms" title="Wipro Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Wipro Share Price</a></td><td class="stockValue">576.9</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">5.25(0.92%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/indian-oil-corporation-ltd/stocks/companyid-11924.cms" title="Indian Oil Corp. Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Indian Oil Corp. Share Price</a></td><td class="stockValue">137.17</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">4.56(3.44%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/ircon-international-ltd/stocks/companyid-11980.cms" title="Ircon Intl. Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Ircon Intl. Share Price</a></td><td class="stockValue">196.95</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">9.39(5.01%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/steel-authority-of-india-sail-ltd/stocks/companyid-11974.cms" title="SAIL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">SAIL Share Price</a></td><td class="stockValue">114.55</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">1.72(1.53%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/sjvn-ltd/stocks/companyid-18460.cms" title="SJVN Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">SJVN Share Price</a></td><td class="stockValue">111.02</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">3.46(3.21%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/gail-india-ltd/stocks/companyid-4845.cms" title="GAIL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">GAIL Share Price</a></td><td class="stockValue">199.72</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">7.11(3.7%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/housing-and-urban-development-corporation-ltd/stocks/companyid-4516.cms" title="HUDCO Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">HUDCO Share Price</a></td><td class="stockValue">218.16</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_4"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">12.19(5.92%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/rec-ltd/stocks/companyid-4616.cms" title="REC Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">REC Share Price</a></td><td class="stockValue">528.55</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">22.3(4.41%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/reliance-power-ltd/stocks/companyid-4422.cms" title="Reliance Power Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Reliance Power Share Price</a></td><td class="stockValue">36.47</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">1.43(4.06%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/tata-technologies-ltd/stocks/companyid-4612.cms" title="Tata Technologies Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Tata Technologies Share Price</a></td><td class="stockValue">952.85</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">11.65(1.24%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/vodafone-idea-ltd/stocks/companyid-3154.cms" title="Vodafone Idea Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Vodafone Idea Share Price</a></td><td class="stockValue">6.7</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">0.04(0.45%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/adani-enterprises-ltd/stocks/companyid-9074.cms" title="Adani Ent. Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Adani Ent. Share Price</a></td><td class="stockValue">2278.05</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">50.06(2.25%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/adani-green-energy-ltd/stocks/companyid-64847.cms" title="Adani Green Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Adani Green Share Price</a></td><td class="stockValue">1060.5</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">8.71(0.83%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/adani-ports-special-economic-zone-ltd/stocks/companyid-20316.cms" title="Adani Ports SEZ Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Adani Ports SEZ Share Price</a></td><td class="stockValue">1143.45</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">6.71(0.59%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/ashok-leyland-ltd/stocks/companyid-14041.cms" title="Ashok Leyland Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Ashok Leyland Share Price</a></td><td class="stockValue">230.79</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">6.83(3.05%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/bank-of-baroda/stocks/companyid-12040.cms" title="Bank of Baroda Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Bank of Baroda Share Price</a></td><td class="stockValue">246.95</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">10.95(4.64%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/bse-ltd/stocks/companyid-2809.cms" title="BSE Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">BSE Share Price</a></td><td class="stockValue">4856.75</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_5"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">136.81(2.9%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/canara-bank/stocks/companyid-9218.cms" title="Canara Bank Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Canara Bank Share Price</a></td><td class="stockValue">100.95</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">3.94(4.07%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/central-depository-services-india-ltd/stocks/companyid-4259.cms" title="CDSL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">CDSL Share Price</a></td><td class="stockValue">1572.4</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">32.16(2.09%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/coal-india-ltd/stocks/companyid-11822.cms" title="Coal India Ltd Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">Coal India Ltd Share Price</a></td><td class="stockValue">423.55</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">9.5(2.3%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/hfcl-ltd/stocks/companyid-13649.cms" title="HFCL Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">HFCL Share Price</a></td><td class="stockValue">127.56</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">1.29(1.02%)</span></td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="stockName"><a target="_blank" href="https://economictimes.indiatimes.com/idfc-first-bank-ltd/stocks/companyid-62245.cms" title="IDFC First Bank Share Price" data-ga-onclick="RHS Widget#Most Searched Stock widget Click">IDFC First Bank Share Price</a></td><td class="stockValue">65.48</td></tr><tr class="hide moreData" data-loadmore="jsMoredata_6"><td class="brdrbt"><span class="dateTimeStock">09:57 AM | 25 Nov 2024</span></td><td class="stockValue brdrbt"><span class="cSprite_b per green">1.33(2.08%)</span></td></tr><tr><td colspan="2"><span data-count="1" data-loadmore="jsMoredata" data-ga-onclick="RHS Widget#Most Searched Stock widget Click" class="js_loadMoreStocks">Load more..</span></td></tr></tbody></table></section><!--/most_searched_stocks.cmspotime:2--><div data-size="[300,600]" data-adsSlot="ET_B2B/ET_B2B_ROS/ET_B2B_ROS_BTF_300" id="div-gpt-ad-b2b-2146843-115642408" data-oop="0" data-loc="All" data-adtype="b2b" class="adsbg300 adMinH600 prime_ads"></div><!--/dfpads_all.cms?msid=115642408&adpos=b2bpotime:1--><div id="marketGainers" class="lazyWidget clearfix" data-url="/gainers_widget.cms"></div></div><div class="stickyContainer"><div class="adSelector5 adsbg300 adMinH250 prime_ads" data-adsSlot="ET_ROS_NW/ET_ROS_Mrec1" mrec="mrec10" data-loc="All" data-oop="0" 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Congress's RS MP Pramod Tiwari said his party wanted the Adani issue to be taken up in Parliament as the first thing when it met on Monday. It is a grave issue involving the country's economic and security interests as over Rs 2,300 crore was allegedly paid by the company to politicians and bureaucrats to get favourable deals for its solar energy projects, he said.", "datePublished": "2024-11-25T08:57:00+05:30", "dateModified": "2024-11-25T10:00:00+05:30", "url":"https://economictimes.indiatimes.com/markets/stocks/news/adani-group-stocks-in-focus-as-opposition-set-to-corner-govt-in-parliament-winter-session-starting-today/articleshow/115642408.cms", "mainEntityOfPage":"https://economictimes.indiatimes.com/markets/stocks/news/adani-group-stocks-in-focus-as-opposition-set-to-corner-govt-in-parliament-winter-session-starting-today/articleshow/115642408.cms", "articleSection" : "Markets", "articleBody":"Adani Group stocks surged up to 7% on Monday as investors believe that Gautam Adani and others charged with bribery, securities fraud, and wire fraud in the US have a strong case to challenge the indictment.Shares of Adani Enterprises surged 4% to Rs 2,319.90 while Adani Energy shares zoomed nearly 7% to a high of Rs 694.15.Meanwhile, the shares of Adani Ports and Adani Power also jumped 4.6%, Adani Green Energy shares were up by 6.4% and Adani Total Gas shares were up by 5%. Shares of other companies like Adani Wilmar, ACC and Ambuja Cements zoomed between 2-3%.Experts say commencement of trial in the case appears a long way off, according to a report by ET.In the meantime, opposition parties are pushing for a discussion on bribery allegations against the conglomerate, coinciding with the start of Parliament's Winter Session today.The government, however, has stated that the business advisory committees of both Houses will decide on discussion topics, urging all parties to ensure smooth parliamentary proceedings.Congress MPs raised bribery charges against Adani Group. Congress's RS MP Pramod Tiwari said his party wanted the Adani issue to be taken up in Parliament as the first thing when it met on Monday. It is a grave issue involving the country's economic and security interests as over Rs 2,300 crore was allegedly paid by the company to politicians and bureaucrats to get favourable deals for its solar energy projects, he said.Parliamentary Affairs Minister Kiren Rijiju responded, stating that the decision on discussing the issue rests with the business advisory committees and requires approval from the Lok Sabha Speaker and Rajya Sabha Chairperson.Meanwhile, according to legal experts, Adani Group founder-chairman Gautam Adani and others charged with foreign bribery, securities fraud and wire fraud conspiracies by US prosecutors have a solid case against their indictment.Adanis have a strong case to challenge the US grand jury's indictment order, and they are likely to consult their foreign counsels for their next step, said Mahesh Agarwal, managing partner at Agarwal Law Associates.The legal experts believe that the way forward for Adani's legal team would entail carefully examining extensive evidence collected through investigations by various investigative agencies in the US. Until Adani personally appears in the US court, his legal team can only challenge the indictment on procedural grounds-by questioning whether the US prosecutors have the jurisdiction to bring charges against him. Once he is present before the US judge, he can contest the indictment by arguing that the allegations lack a solid legal foundation or are unsupported by factual evidence, said corporate and legal advisor Akshat Khetan. This situation reminds me of how charges are handled in India. Here, public figures are often labelled as corrupt based solely on a charge sheet-without a trial or conviction. Their reputations are tarnished prematurely, as though a judicial body has already confirmed their guilt. This case, though in a US court, warrants the same caution. Allegations do not equate to guilt; only a conviction can determine that, said Khetan.Lawyers say that the US Department of Justice itself has mentioned that the charges levelled against the defendants (Adanis) are only allegations, and that the defendants are presumed to be innocent unless and until proven guilty. My legal understanding is that the case is poor, and baseless on the ground of jurisdiction and motivated to destabilise the relations between the US and India, said Agarwal.Experts say commencement of trial in the case appears a long way off. The first and the foremost step is the issuance of warrants of summon/arrest by US prosecutors on Adanis. No criminal proceedings in New York can proceed without service of notice. The US Constitution's Procedural Due Process Clause requires that defendants have proper notice of court proceedings to give them a chance for presenting their objections.Also Read: Nifty bullish on charts, could aim at 24,500 : AnalystsAccording to the US indictment, Adani misled U.S. investors with falsified documents and concealed transactions while raising funds over several years. The scheme allegedly involved more than $2 billion raised through loans and bonds, some of which were from American financial institutions, all built on false claims related to anti-bribery practices and reports of an ongoing bribery probe.In response to the allegations, the Adani Group rejected the charges. A statement from the company described the accusations as baseless and said they will pursue all available legal avenues to contest the claims. Despite this strong rebuttal, the damage to Adani's stock prices was already done, with shares of Adani Group companies plunging by as much as 20% on November 21 alone.As the Winter Session begins, all eyes remain on the government’s response to opposition demands and the unfolding legal proceedings in the US.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)", "image": { "@type": "ImageObject", "url": "https://img.etimg.com/thumb/msid-115642386,resizemode-4,width-1200,height-900,imgsize-1162830,overlay-etmarkets/articleshow.jpg", "width": 1200, "height": 900 }, "author": { "@type": "Thing", "name": "ETMarkets.com" }, "publisher": { "@type": "NewsMediaOrganization", "name": "Economic Times", "logo": { "@type": "ImageObject", "url": "https://img.etimg.com/thumb/msid-76939477,width-600,height-60,quality-100/economictimes.jpg", "width": 600, "height": 60 } } , "isAccessibleForFree" : "https://schema.org/False", "hasPart": { "@type": "WebPageElement", "isAccessibleForFree": "https://schema.org/False", "cssSelector" : ".paywall" }, "isPartOf": { "@type": ["CreativeWork", "Product"], "name" : "Economic Times", "productID": "prime.economictimes.indiatimes.com:prime" } }</script><script type="application/ld+json"> { "@context": "https://schema.org/", "@type" : "WebPage", "name" : "Adani stocks jump up to 7% as investors look beyond bribery charges", "speakable" : { "@type": "SpeakableSpecification", "cssSelector" : [".article_wrap h1", ".artSyn h2"] }, "url": "https://economictimes.indiatimes.com/markets/stocks/news/adani-group-stocks-in-focus-as-opposition-set-to-corner-govt-in-parliament-winter-session-starting-today/articleshow/115642408.cms" } </script><script type="text/javascript"> //set iframe height on load (function(){ $('#toispecials-iframe').height($(window).height()); })(); /* function scrollIframeToTop() { setTimeout(function() { $('body, html').animate({ scrollTop: $menuEl.offset().top }, 800); }, 500); } scrollIframeToTop(); */ </script><script> var countryCode = window.geoinfo && geoinfo.CountryCode; if (countryCode === "IN"){ $('.inSideInd').addClass("show"); $('.outsideInd').remove(); } else{ $('.outsideInd').addClass("show"); $('.inSideInd').remove(); } window.onload = function() { // setFont(); }; </script><div class="blocker_wrap hidden"><section class="font_mon login_blocker hidden"><div class="lb_head tac">Continue reading with one of these options:</div><div class="lb_box_cont"><div class="lb_box"><div class="lb_boxb"><div class="lb_boxh">Limited Access</div><div class="lb_boxt">Free</div><div class="lb_boxd">Login to get access to some exclusive stories<br> & personalised newsletters</div><div onclick="objPrimePaywall.cta('login')" class="lb_boxbtn">Login Now</div></div></div><div class="lb_box"><div class="lb_boxb"><div class="lb_boxh">Unlimited Access</div><div class="lb_boxt lb_pr">Starting @ Rs120/month</div><div class="lb_boxd">Get access to exclusive stories, expert opinions &<br> in-depth stock reports</div><div onclick="objPrimePaywall.cta('plan')" class="lb_boxbtn">Subscribe Now</div></div></div></div></section><div class="loader_box"><div class="spinner"><div class="loading-text">ET</div></div></div><section class="font_mon prime_paywall"><style> .articleBlockerWrap {width: 650px;background: #ffe9e2;height: 251px;display: none;margin: 2% auto 2%;box-shadow: 0 12px 20px 0 rgb(0 0 0 / 13%);} .articleBlocker {background: #ffe9e2;border: 7px solid white;padding: 28px 22px;width: 567px;margin: auto;text-align: left;position: relative;min-height: 149px;} .articleBlocker h4 {font-size: 24px;font-weight: bold;line-height: 1.27;} .articleBlocker p {font-size: 16px;margin: 15px 0;} .articleBlocker button {background: #ed193b;color: white;font-size: 16px;font-weight: 800;margin: auto;width: 215px;height: 37px;border-radius: 2px;position: absolute;animation: .18s linear infinite alternate slide;} @keyframes slide {from {left: 15px;}to {left: 30px;;}} .articleBlocker button:hover {animation-play-state: paused;cursor: pointer;} .articleBlocker img {position: absolute;right: 22px;height: 120px;bottom: 0;} </style><div data-paywall="true" data-grx-impression="Subscription Flow ET Articleshow Blocker#Scroll Blocker Impression#Blocker layer Viewed" class="articleBlockerWrap"><div class="articleBlocker"><h4>Uh-oh! 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} .campign_sec{margin:33px -33px -33px} </style><div data-ga-category="Subscription Flow" data-paywall="true" data-grx-impression="Subscription Flow ET Articleshow Blocker#Scroll Blocker Impression#Blocker layer Viewed" class="brd_wrap generic_blocker_new_v2 hidden" style="border: 10px solid #FFE9E2"><div class="paywall_login hidden">Already a Member? <span class="sign-in_btn">Sign In now</span></div><h3 class="paywall_msg"></h3><h3 class="bp_subheading">Unlock this story and enjoy all members-only benefits.</h3><button data-ga-onclick="Subscription Flow ET#SYFT | Flow Started#Articleshow box CTA wBenefit" class="subscribe_btn">Subscribe Now</button><div class="campign_sec skip_inswg" style="background-color: #FFF0EC"><img class="lazy thumb_lft"><img class="lazy thumb_rgt"><div data-set="0" class="dyn_pricing_item hidden" data-minrange="0" data-maxrange="0.499999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Save up to Rs. 700/-</p><p class="desc">ON ET PRIME MEMBERSHIP</p><a class="plans_btn">Avail Offer</a></div><div data-set="1" class="dyn_pricing_item hidden" data-minrange="0.5" data-maxrange="0.59999999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Get 1 Year Free</p><p class="desc">With 1 and 2-Year ET prime membership</p><a class="plans_btn">Avail Offer</a></div><div data-set="2" class="dyn_pricing_item hidden" data-minrange="0.6" data-maxrange="0.69999999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Get 1 Year Free</p><p class="desc">With 1 and 2-Year ET prime membership</p><a class="plans_btn">Avail Offer</a></div><div data-set="3" class="dyn_pricing_item hidden" data-minrange="0.7" data-maxrange="0.79999999"><p class="heading">Offer Exclusively For You</p><p class="subheading">Get Flat 40% Off</p><p class="desc">Then ₹ 1749 for 1 year</p><a class="plans_btn">Avail Offer</a></div><div data-set="4" class="dyn_pricing_item hidden" data-minrange="0.8" data-maxrange="1"><p class="heading">Offer Exclusively For You</p><p class="subheading">ET Prime at ₹ 49 for 1 month</p><p class="desc">Then ₹ 1749 for 1 year</p><a class="plans_btn">Avail Offer</a></div><div data-set="5" class="dyn_pricing_item hidden"><p class="heading">Special Offer</p><p class="subheading">Get flat 35% off on ETPrime</p><p class="desc"></p><a class="plans_btn">Avail Offer</a></div><div data-set="6" class="dyn_pricing_item hidden"><p class="heading"></p><p class="subheading"></p><p class="desc"></p><a class="plans_btn">Avail Offer</a></div><div class="stu_of"><a class="plans_btn" style="border: 0px; font-size: 18px; font-weight: 400; text-decoration: underline;"></a></div></div></div><style> .ipadapp_blocker {border: 10px solid #FFE9E2; padding: 33px; position: relative;} .ipad_title {font-size: 30px; padding-bottom: 10px; font-weight: 600;} .ipadapp_btn {font-size: 20px; color: #ffffff; font-weight: 500; background-color: #ed193b; display: inline-block; cursor: pointer; padding: 11px 30px; min-width: 150px; min-height: 24px; margin: 20px; text-decoration: none;} .ipadapp_btn:hover {text-decoration: none;} </style><div class="ipadapp_blocker hidden" style="border: 10px solid #FFE9E2"><p class="ipad_title">90 Days Prime access worth Rs999 unlocked for you</p><a class="ipadapp_btn">Claim Now</a><div class="paywall_login">Already a Member? <span class="sign-in_btn">Sign In now</span></div></div></div><script> var isPaywallMoved = 0; // ET-17548 function storyCollectionLoad() { var _processNormal = function () { $('#paidSCWidget').attr('data-onload', '').removeClass('load_done').html(''); 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Industry Trends</strong> on 4000+ Stocks<strong></strong><strong></strong></p></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493812,quality-100,imgsize-12280/clean-experience-with-minimal-ads.jpg"><div class="fl_i_title"><Story>Clean experience with<br><strong>Minimal Ads</strong></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493806,quality-100,imgsize-24821/comment-engage-with-et-prime-community.jpg"><div class="fl_i_title"><Story><strong>Comment & Engage</strong> with ET Prime community</Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493810,quality-100,imgsize-19449/exclusive-invites-to-virtual-events-with-industry-leaders.jpg"><div class="fl_i_title"><Story>Exclusive invites to <strong>Virtual Events with Industry Leaders</strong></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-74493809,quality-100,imgsize-11126/a-trusted-team-of-journalists-analysts-who-can-best-filter-signal-from-noise.jpg"><div class="fl_i_title"><Story>A trusted team of <strong>Journalists & Analysts </strong>who can best filter signal from noise<br></Story></div></li><li><img src="https://img.etimg.com/photo/42031747.cms" class="lazy" data-original="https://img.etimg.com/photo/msid-99030928,quality-100,imgsize-82843/get-1-year-complimentary-subscription-of-toi-worth-rs-799/-.jpg"><div class="fl_i_title"><Story><p>Get <strong>1 Year Complimentary Subscription of TOI+</strong> worth Rs.799/-</p></Story></div></li></ul></div></div></section><!--/etprime_paywall.cms?sec1id=1977021501&adaptive=1&blocker_type=adap-marketspotime:2--></div><div class="shadow_exitdlg"><div class="exitdlg_wrapper"><span class="close_btn"></span><p class="heading">Stories you might be interested in</p><ul></ul><div class="footer_nwsltr"><div class="flt"><span class="hdr_label">Subscribe to our</span><span class="subhdr_label">ET Investment Opportunities</span></div><div class="flr"><input placeholder="Enter your email id here" class="input_nwsltr" type="text"><button class="submit_btn" type="button">SUBMIT</button></div></div></div></div><script onerror="errorLogs(this)" src="https://economictimes.indiatimes.com/js_ettechpoll/v-5,minify-3.cms" type="text/javascript" defer></script><script> if(window.location.href.indexOf('.com/articleshow/') != -1){ grxEvent('event', {'event_category': 'articleshow', 'event_action': 'url_issue referrer: ' + document.referrer, 'event_label': window.location.href}); } </script></body></html>