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Adani Group stocks experience over 4% surge
Adani Group shares shot up on Tuesday, with Adani Ports leading the pack as the top gainer in the Nifty 50 after a 4.7% rise.
Ambuja Cements and Sanghi Industries also saw solid gains, showing that investor confidence is strong across several group companies.
Adani's investment in Israel seen as strategic win
Ambuja Cements climbed nearly 5%, while Sanghi Industries was up 4%.
Even recent global tensions haven't slowed things down—Adani's big investment in Israel's Haifa Port (a major cargo hub they bought a majority stake in last year) is still seen as a strategic win.
Chairman Gautam Adani highlighted India's resilience and said that stability from the Israel-Iran ceasefire adds to their international growth, especially in logistics.