Adani Group shares continued their upward movement on Tuesday after a report stated that US agency IDFC had found Hindenburg Research’s allegations of fraud against billionaire Gautam Adani-led conglomerate were ‘not relevant’.

Some of the group firms hit their 52-week highs and locked in upper circuit levels, with the total valuation of group companies reaching near the Rs 14 lakh crore mark at close.

Adani Energy Solutions and Adani Green Energy zoomed 20 per cent each to close at Rs 1,082.60 and Rs 1,348 apiece, Adani Total Gas surged 19.95 per cent to settle at Rs 878.20, and NDTV jumped 18.41 per cent to end at Rs 266.55 per share on BSE.

Nine of top 10 valued firms add Rs 95,522 cr to market valuation; Reliance, TCS lead gainers IPOs…