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Viewer Live Question: Which Adani Stock Offers A Buying Opportunity Post Sharp Correction?

Viewer Live Question: Which Adani Stock Offers A Buying Opportunity Post Sharp Correction?

Sakshi Batra
Sakshi Batra
  • New Delhi ,
  • Nov 21, 2024,
  • Updated Nov 21, 2024, 4:32 PM IST

 

On the Daily Calls show, viewer Akriti from Mumbai poses a question about Adani stocks to market expert Akshay Bhagwat. She asks which stock has been impacted the most by the US bribery allegations and whether any stock still holds potential for buying, even as top experts advise caution. Akshay Bhagwat, Sr. VP Derivatives Research at JM Financial Services, highlights that Adani Energy and Adani Green Energy are likely to remain under pressure due to their ties to the controversy. However, he believes Adani Ports stands out as the only stock showing signs of recovery and could be considered for investment at current levels. He points out that Adani Ports has historically demonstrated resilience during crises, but he cautions that it remains a high-risk counter. For short-term traders, he suggests a stop-loss range of ₹950–₹1,000. Watch now to get expert insights and guidance on navigating the Adani stock volatility!

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