Adani Ports

Fitch Revises Outlook to Stable, Retains Ratings on Adani Group Firms

Global credit rating agency Fitch Ratings has revised its outlook on Adani Ports and Special Economic Zone Ltd (APSEZ) and Adani Energy Solutions Ltd (AESL) from “Negative” to “Stable”, citing the conglomerate’s stronger financial position, improved liquidity, and better transparency in debt reporting.

Adani Ports and Special Economic Zone Ltd. (APSEZ), India’s largest private port operator, has unveiled a Rs. 600 crore logistics park in Kochi, spanning 70 acres, to expand its integrated supply chain infrastructure. The facility aims to enhance multimodal connectivity, improve cargo handling efficiency, and serve as a critical hub for Kerala’s growing trade and industrial activity.

After a turbulent two-day slump, Indian equity markets staged a recovery on Monday, buoyed by positive cues from major Asian indices. The BSE Sensex rebounded 288.79 points to 81,407.39, while the NSE Nifty advanced 98.9 points to 24,817.50 in early trading. Gains were led by blue-chip firms such as Power Grid, TCS, and UltraTech Cement, even as some heavyweight stocks like Tata Motors and Axis Bank remained under pressure.

Indian equity markets faced renewed turbulence on Tuesday as benchmark indices Sensex and Nifty fell nearly 1%, weighed down by broad-based selling, persistent foreign institutional outflows, and heightened geopolitical uncertainty. The BSE Sensex dropped 636.24 points to close at 80,737.51, while the NSE Nifty fell 174.10 points to end at 24,542.50. Investor sentiment was further dampened by weak global cues and volatility in international markets.

Indian equity benchmarks Sensex and Nifty slumped in early trading Thursday, mirroring the global selloff triggered by renewed concerns over the United States’ fiscal health and rising Treasury yields. The BSE Sensex shed over 746 points intraday, while the Nifty dropped more than 230 points, reflecting heightened investor anxiety. Weakness in heavyweight stocks such as Power Grid, TCS, and HCL Technologies contributed significantly to the decline. Meanwhile, Asian markets offered little support, with most major indices trending lower.

Indian equity benchmarks opened lower on Friday as investors locked in profits following a strong rally in the previous session. The BSE Sensex dropped over 250 points in early trade, while the NSE Nifty fell below the 25,000-mark. The decline was largely driven by losses in heavyweight IT stocks and subdued sentiment across Asian markets. While select stocks such as Adani Ports and NTPC offered some support, the broader market reflected caution. This pullback follows a sharp two-day surge driven by robust institutional buying and favorable global cues.

After a record rally on Monday, Indian stock markets faced a sharp correction on Tuesday, with the benchmark Sensex plunging by 1,282 points, or 1.55%. Profit-taking across various sectors, especially IT, auto, and private banking, led the decline. The broader Nifty also saw a notable drop of 1.39%. While the markets experienced significant losses, some stocks like Sun Pharma and Bajaj Finance posted gains. Analysts attribute the pullback to profit-booking after the relief-driven surge caused by easing geopolitical tensions and trade war concerns.