Traders are preparing for a challenging trading day as allegations surface regarding Gautam Adani's involvement in a bribery scheme. This development is expected to have a negative impact on the stock performance of the Adani Group and overall market sentiment.
Financial institutions connected to the conglomerate may also face scrutiny as a result of these allegations. In the renewable energy sector, NTPC Green Energy is capitalizing on the current enthusiasm for green initiatives by launching its initial public offering (IPO).
Investors will closely monitor the market's response to these developments to assess the implications for both the Adani Group and the broader financial landscape.