Gautam Adani, founder of Indian energy conglomerate Adani Group, has denied allegations raised in a recent U.S. indictment. Adani has called the allegations of defrauding U.S. investors "baseless" while saying his company will seek "all possible legal recourse.

Adani Ports rose 2 per cent, Ambuja Cements gained 1.33 per cent, ACC climbed 1 per cent, and Sanghi Industries advanced 1 per cent

Adani Green Energy shares rise by 9.1% after Chairman Gautam Adani addresses bribery and fraud allegations, emphasizing resilience and commitment to compliance. Adani highlights challenges faced, including the Carmichael coal mine protests and the 2023 Hindenburg report,