On May 3, the airline requested the opening of voluntary insolvency proceedings before the NCLT's Mumbai branch.
The local currency commenced trading at 82.01, compared to the previous close of 81.95.
The deal is anticipated to be finalized in the final quarter of this year. The transaction's objective is to establish Adani Capital as a stand-alone business so it can increase its lending activities.
The company has offered its shares at a price band of Rs 475-500 apiece.
The ban has been implemented as these securities have exceeded 95 % of the market-wide position limit (MWPL) as per NSE
Here are some stocks that may show significant price movement today.
The GIFT Nifty on the NSE International Exchange (NSE IX) recorded a decline of 37.5 points, equivalent to 0.19 per cent, settling at 19,729.
Investors with very high risk appetite and want to invest for 5 years in a mutual fund should invest in UTI Balance Advantage Fund.
Recommendation: Buy; Target Price: Rs 2654
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