Stock Market Today LIVE: SBI's Total Exposure To Adani Group Is 0.9%
Dalal Street Alert Live Updates: The severe crash in Adani Group stocks has a ripple effect on the domestic stock market as it remains highly volatile.
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Stock Market Today LIVE: SBI's Total Exposure To Adani Group Is 0.9%
SBI's total exposure to Adani Group is 0.9 per cent of the overall loan book, says chairman Dinesh Khara, reported PTI.
Stock Market Today LIVE: SBI Reports 62% Growth In December Quarter
State Bank of India (SBI) reports 62 per cent growth in December quarter consolidated net profit at Rs 15,477 crore.
Stock Market Today LIVE: Markets At Close
Sensex rises for 5th straight session and ends 910 points higher, Nifty above the 17,800 mark at the closing on Friday. Sensex closed at 60,841.88. Nifty gained 243.60 points to close at 17,854.
Stock Market Today LIVE: Adani Enterprises Makes Recovery From Worst Fall In History
Adani Enterprises' stock witnessed a 35% drop in early trading today but bounced back as credit rating agencies express confidence in the company's debt repayment abilities.
Stock Market Today LIVE: Moody's Assessing Financial Flexibility Of Adani Group
Moody's Investors Service on Friday said it is assessing the overall financial flexibility, including liquidity position, of Adani Group firms given a significant and rapid decline in stock value post-release of the Hindenburg Research report.
"These adverse developments are likely to reduce the group's ability to raise capital to fund committed Capex or refinance maturing debt over the next 1-2 years," Moody's said.
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