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Adani Group Shares Rally 16% On Exit Polls Outcome

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Heavy buying in Adani Group stocks pushed the company stock higher after exit polls predicted clear majority for the current NDA led BJP government.

In intra-day trade post exit polls announced on Sunday, Adani Green Energy jumped a heavy 17% to Rs 43.70 per share, Adani Gas also rallied in trade with a surge of 16%.

Adani Group Shares Rally 16% On Exit Polls Outcome
 

Other Adani Group shares including Adani Power (14%), %. Adani Transmission (up 9 per cent to Rs 224) and Adani Ports and Special Economic Zone (up 8 per cent at Rs 395) on the BSE.

Meanwhile, Sensex is trading higher by 950 points and the victory of NDA led BJP government in the 19th Lok Sabha elections seems to be already discounted by the Indian stock markets.

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