28-11-2023 04:15 PM | Source: Reuters
Adani, energy stocks propel India's Nifty to a two-month high

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India's blue-chip index Nifty 50 closed at a fresh two-month high boosted by a rise in Adani group stocks, while energy companies jumped on stable crude prices.

The NSE Nifty 50 index settled 0.48% higher at 19,889.70, highest since Sept. 20, 2023. The S&P BSE Sensex rose 0.31% to 66,174.20.

Adani group stocks jumped between 2.6% and 20%, with Adani Enterprises and Adani Ports and Special Economic Zone climbing 8.90% and 5.30% to top the Nifty 50 gainers.