The index tracks the price movement of all ten Adani group equities in real time.
Adani Ports & SEZ was trading at Rs 654.95, down Rs 2.35, or 0.36 percent, on the BSE at the closing on March 23. It reached an intraday high of Rs 666.65 and a low of Rs 653.50.
The MC A10 Index, a gauge of Adani group equities, finished 1.5 percent higher on March 23 at 40.32, marking the third consecutive session of advances.
The index tracks the price movement of all ten Adani group equities in real time. Each firms in A10 are weighted in proportion to their overall market capitalization.
Adani Green Energy, Adani Transmission, and Adani Total Gas have all agreed to a 5% upper circuit. Adani Enterprises, Adani Ports, Adani Power, and Ambuja Cements, on the other hand, reported losses.
According to separate circulars published on both the BSE and NSE exchanges, Adani Power was added to the short-term ASM (additional surveillance measure) framework Stage-I on March 23.
On Monday, the two exchanges moved Adani group stocks – Adani Green Energy and NDTV – from the second level of the long-term ASM framework to Stage I.
Nevertheless, cumulative gains have increased the market capitalization of Adani group stocks to Rs 9.70 lakh crore, up from Rs 9.56 lakh crore on March 22.
The Nifty recovered the previous day’s losses and closed the day 119.10 points, or 0.70 percent higher, at 17,107.50. The Sensex also surpassed 58,000 and closed above it.
