1 day ago
Adani Stocks Mixed After Heavy Sell-Off Amid MSCI Reshuffle
Adani Group shares moved in different directions after falling sharply the day before.
Adani Green Energy and Adani Power were among the stocks that recovered.
Adani Energy Solutions fell the most during the session.
Adani Enterprises first rose but later declined.
Investors were watching changes to the MSCI index, which can cause funds to buy or sell shares.
India’s main stock indexes recovered from early losses and traded slightly higher.
Strong economic growth helped market sentiment.
Higher oil prices, bond yields and renewed Middle East fighting created worries for investors.
Adani Group stocks traded unevenly on September 1 after a broad sell-off the previous day.
Adani Green Energy gained more than 4%, while Adani Power rose 3% and Adani Ports increased 1.2%.
Adani Enterprises reversed an early 1% gain and fell to an intraday low of ₹2,888.20 on the BSE.
Adani Energy Solutions was the weakest group stock, declining 5% to ₹1,391.
The MSCI reshuffle remained central to trading, while broader markets were supported by strong Indian growth but pressured by higher crude prices and bond yields.
- Who
- Adani Group companies and investors tracking the MSCI index were involved in the market activity.
- What
- Adani Group stocks showed mixed performance after the previous day’s sell-off, amid expected fund flows linked to an MSCI reshuffle.
- Where
- On Indian stock exchanges, including the BSE, and in MSCI index portfolios.
- When
- Tuesday, September 1, following changes implemented after market close on August 31, 2026.
- Why
- Investors were adjusting to the MSCI changes while also responding to strong Indian economic growth, higher crude oil prices, rising bond yields and Middle East tensions.
Supporting Factors
Market Risks
Indian economic outlook
Supporting Factors
Stronger-than-expected 7.8% quarterly GDP growth, investment, manufacturing and consumer demand supported confidence in the market.
Market Risks
Global pressures, particularly elevated crude prices and high US bond yields, could weigh on markets and foreign capital flows.
MSCI reshuffle
Supporting Factors
Expected inflows into Adani Enterprises, Adani Ports and Adani Energy Solutions could support those shares as index-tracking funds adjust portfolios.
Market Risks
The reshuffle has also produced sharp volatility, with some Adani stocks falling despite expected inflows.
Near-term market direction
Supporting Factors
V K Vijayakumar of Geojit Investments said strong fundamentals could keep markets resilient and indicated that the Nifty’s 23,000–25,000 range could hold.
Market Risks
Renewed Middle East fighting, higher oil prices and rising global bond yields could increase inflation and interest-rate concerns.
Key facts
- Best-performing group stock
- Adani Green Energy rose more than 4% to an intraday high of ₹1,271.10.
- Weakest-performing group stock
- Adani Energy Solutions fell 5% to an intraday low of ₹1,391.
- Adani Enterprises
- The stock rose 1% early in trading before falling to ₹2,888.20 on the BSE.
- Expected MSCI inflow
- Adani Energy Solutions was expected to attract about $310 million, compared with approximately $202 million for Adani Enterprises and $77 million for Adani Ports.
- Indian market
- The Sensex gained more than 200 points, or 0.26%, to 77,161.36; the Nifty rose 39.5 points, or 0.2%, to 24,119.90.
- Economic growth
- India’s economy grew 7.8% year-on-year in the April-June quarter.
- Oil price
- Oil prices rose about 1% to $91.30 per barrel after gaining 2.5% in the previous session.
Quotes
V K Vijayakumar
Chief Investment Strategist at Geojit Investments Limited
“The Q1 GDP growth print at 7.8% is reassuring and indicates that we are on track to achieve 7% growth in FY27. Services and secondary sectors growing at 10% and 8.5% respectively reflect a robust economy which can deliver decent earnings growth in FY27. This has the potential to keep the market resilient, but in the near-term the global headwinds from elevated crude and excessive U.S. bond yields might impact the market negatively.”
livemint.com
“In brief, while high U.S. bond yields and elevated crude, more importantly the former, will negatively impact the market, the fundamentals will support the market. In other words, the Nifty range of 23000-25000 will hold in the near-term.”
livemint.com
Sources
Related news
Adani Group Stocks Fall Amid MSCI Reshuffle, Market Weakness
Adani Shares Slide as MSCI Rebalancing Amplifies Market Fears
MSCI Rebalancing Sends Adani Stocks Into Closing-Auction Volatility
Tata Slips, Adani Rallies as Earnings Drive Indian Stock Moves
Adani Stocks Tumble as HDFC Bank Drags Nifty; Reliance Gains
MSCI Rebalance Puts Indian Stocks Under Trading Spotlight
Mundra Port disruption deepens supply-chain strain amid West Asia crisis
Indian Stocks Slide as Crude Surge Revives Rate Fears
Indian stocks retreat as US-Iran tensions lift oil, yields
