Markets shrug off Adani’s indictment blues with a MAHA rally on D-Street
Mumbai: India’s equity indices soared 2.5% on Friday-the biggest single-day gain in five months-as traders rushed to cover bearish bets in an oversold market ahead of the Maharashtra state election results on Saturday. The bounce-back follows Thursday’s 0.7% slump in the wake of the US indictment against Gautam Adani and others over corruption charges. Seven…