Adani Power Stock Surpasses Record High for Fifth Consecutive Day Amid Strong Technical and Financial Indicators Adani Power shares surged to a record high of Rs 197.05 on Friday, marking the fifth consecutive session of gains. The stock’s market capitalization climbed to Rs 3.75 lakh crore, reflecting investor confidence in the company’s growth trajectory. The rally has been driven by a combination of technical momentum, strategic business expansions, and positive financial performance, despite recent volatility. The stock is currently overbought, with a Relative Strength Index (RSI) of 84.6, indicating strong buying pressure. Analysts note that Adani Power is trading above its 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day moving averages, signaling a bullish trend. Jigar S Patel of Anand Rathi highlighted the technical outlook, stating that support is at Rs 182 while resistance stands at Rs 205. A breakout above Rs 205 could open the door for further gains, with the stock expected to trade within the Rs 182–Rs 210 range in the short term. The company’s recent strategic moves have also bolstered investor sentiment. In February 2026, Adani Power incorporated Adani Atomic Energy Ltd (AAEL), a subsidiary focused on nuclear energy. This marks the company’s entry into the clean energy sector, aligning with India’s push for sustainable power generation. The initiative underscores Adani’s long-term vision to diversify its energy portfolio beyond traditional sources. Financial metrics further support the stock’s upward trajectory. Over the past three years, the company’s net profit has grown at a compound annual growth rate (CAGR) of 37%, while EBITDA has expanded at a 20% CAGR.#adani_power #anand_rathi #bernstein_research #jigar_s_patel #adani_atomic_energy_ltd
US stock futures rise as Trump postpones deadline for Iran energy strikes US stock futures edged higher on Wednesday as President Donald Trump announced a delay in the deadline for potential strikes on Iran’s energy infrastructure, easing market concerns over escalating tensions in the Middle East. The decision came after a series of diplomatic discussions aimed at de-escalating the situation, though analysts noted the delay could lead to further geopolitical uncertainty in the coming weeks. The move follows recent intelligence reports suggesting Iran had been preparing to retaliate against U.S. sanctions, which had been imposed in response to alleged Iranian support for groups targeting American interests. Trump’s administration cited the need for additional time to negotiate a diplomatic resolution, though critics warned the delay could embolden adversarial actors. Meanwhile, investors remained cautious as global markets grappled with inflationary pressures and the potential for further central bank interventions. The S&P 500 and Nasdaq Composite indices saw modest gains in early trading, while the Dow Jones Industrial Average remained flat. In a separate development, financial analysts at Bernstein Research highlighted the potential for a recovery in the cryptocurrency market, citing improved macroeconomic conditions and increased institutional interest. The report noted that Bitcoin’s price had stabilized after a recent dip, with some experts predicting a rebound in the coming months. Stock markets in Asia and Europe also showed mixed performance, with investors closely watching for further signals from policymakers on interest rates and economic growth.#donald_trump #middle_east_tensions #us_stock_futures #iran_energy_strikes #bernstein_research
