The BM Equity Report - Stocks, Market, Economy - News Round Up. March 02, 2023

There was a news break that Adani got a 3bn USD sovereign funding yesterday. The company later denied it. The denial came post market hours by which time the stock was already up and so was the entire market. Vedanta was also reported to have repaid off a part of its loan. These things won’t help cure the disease. Repaying the debt by taking money from someone else just prolongs the problem - doesn’t solve it. This debt problem will be solved only by equity issue or an asset sale. Listen to know what will happen next.


#fed #bond #vedanta #anilaggarwal #nifty #sensex #hindustanzinc #ftse100 #adani #adanigroup #PTC #tatapower #amazon #tesla
#stockmarket #adani #adanienterprisessharenews

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