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Adani group stocks surge up to 13% on Sebi’s clean chit in Hindenburg case; Adani Total Gas leads gainers

Adani group stocks: A relief rally was visible in the shares of Adani group stocks on Friday’s trading session on Dalal Street, following the market regulator Securities and Exchange Board of India (SEBI) ‘s dismissal of Hindenburg Research’s allegations of stock manipulation against the Gautam Adani-led group.

Adani group stocks surged up to 13% in early trade, with Adani Total Gas emerging as the top gainer.

Adani Total Gas share price hit the day’s high of 687.35 as against its last closing price of 606.80. As of 9.45 am, the stock was trading 8.55% higher on the BSE.

Adani Power shares jumped nearly 9% in trade to 686.95, and Nifty 50 constituent Adani Enterprises was higher by 5% at 2527.55.

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