Shares of Adani Power surged 9.21 per cent, Adani Green Energy soared 8.86 per cent, Adani Enterprises climbed 7.72 per cent, Adani Total Gas jumped 7.10 per cent, NDTV rallied 7 per cent and Adani Energy Solutions advanced 6.63 per cent on the BSE.

Adani Power took the lead, followed by Adani Green Energy, Adani Enterprises, Adani Total Gas and NDTV stocks. As much as 9.2% gains were recorded in the early trade of Adani stocks.

Hindenburg Research published reports against the Indian conglomerate in 2023, accusing the Adani Group of using offshore tax havens improperly.

Adani stocks surged as Hindenburg Research closed operations, citing completed investigations, boosting optimism despite regulatory scrutiny.

The stock of Adani Enterprises soared 8.91%, Adani Ports climbed 6%, Ambuja Cements went up by 4.79%, ACC (4.50%), Sanghi Industries (4.22%) and Adani Wilmar (3%). All Adani group stocks had ended lower on Monday's trade in-line with weak trend in equities.

Adani group stocks surged as news of Hindenburg Research's closure emerged, alongside positive developments in the Israel-Hamas conflict, increasing market capitalization by Rs 28,000 crore. Notably,