
Wed Nov 27 15:36:53 UTC 2024: ## Adani Group Stocks Surge 20%, Boosting Market Cap by ₹1.25 Lakh Crore
**Mumbai, India** – Shares of the Adani Group experienced a dramatic surge on Wednesday, closing the trading session with a remarkable 20% increase. This significant jump injected ₹1.25 lakh crore (approximately $15 billion USD) into the group’s market capitalization, reflecting a renewed investor confidence. The surge comes amidst other significant political and business news, including the swearing-in of Hemant Soren as Jharkhand Chief Minister, Eknath Shinde’s decision to pave the way for Devendra Fadnavis to become Maharashtra’s Chief Minister, and the passing of Essar Group co-founder Shashi Ruia. While the Sensex also saw gains, closing at 80,234, the Adani Group’s performance significantly influenced the market’s overall positive trajectory.