Free Press Bulletin
Free Press Bulletin

Here are the top 5 news updates of June 14, 2021:

1. Adani Group stocks tumble; Adani Enterprises dips 25 pc amid reports of NSDL freezing 3 FPI accounts

Shares of Adani Group companies witnessed a massive drubbing in morning trade today, tumbling up to 25%, amid reports that the National Securities Depository Ltd (NSDL) has frozen certain FPIs accounts that have holding in some of these firms. Adani Enterprises tumbled 24.99 per cent to Rs 1,201.10, Adani Ports and Special Economic Zone plummeted 18.75 per cent to Rs 681.50 on the BSE. Among others, Adani Green Energy dipped 5 per cent to Rs 1,165.35, Adani Total Gas fell 5 per cent to Rs 1,544.55, Adani Transmission declined 5 per cent to Rs 1,517.25 and Adani Power slumped 4.99 per cent to Rs 140.90. All these stocks hit their respective lower circuit limits. Reporetdly, the National Securities Depository Ltd has frozen the accounts of three foreign funds which together own shares in four Adani Group companies. These accounts were frozen on or before May 31, the report added.

2. Billionaire Nikhil Kamath admits to using unfair means to beat Viswanathan Anand in charity chess game

The All India Chess Federation (AICF) Secretary Bharat Chauhan has said it is "unfortunate" to see unfair methods employed in a charity chess game by Zerodha co-founder Nikhil Kamath against five-time world champion Viswanathan Anand. Kamath defeated Anand in a COVID-19 relief charity match. However, reports claimed Kamath manipulated the game to register a win. The AICF secretary termed it as a "bad" move by Kamath and said it shouldn't have happened. Meanwhile, Kamath himself admitted to using dubious means to take on the grandmaster. In a tweet, he wrote, "Woke up to this. Complete disrespect to chess. Nothing justifies cheating. Going back to sleep."

3. 'Anti-social elements had taken control of LJP’: Pashupati Kumar Paras as party MPs join hands against Chirag Paswan

While there is no immediate reaction from Chirag Paswan, his uncle and new president of the LJP, Pashupati Kumar Paras today claimed after the death of its founder, Ram Vilas Paswan in October last year, the anti-social elements had taken control of the party. Paras, who is the younger brother of late Paswan said 99 per cent of the party workers and leaders were opposed to the style of functioning of Chirag and they were trying for the last six months to save the party from getting written off. He said he along with four other members of Lok Sabha have officially informed them they were the real LJP and presented himself (Paras) as the new leader of the parliamentary party in place of Chirag.

4. AAP will contest all seats in 2022 Gujarat polls: Kejriwal; says BJP and Cong in 'tacit' alliance

The Aam Aadmi Party (AAP) will contest all seats in Gujarat in the 2022 Assembly polls, the party's national convener and Delhi Chief Minister Arvind Kejriwal said today. He blamed the ruling BJP and opposition Congress for the "plight" of people but avoided a direct attack on Prime Minister Narendra Modi and Union Home Minister Amit Shah on their home turf. Addressing a press conference on the campus of the Vallabh Sadan temple after taking darshan of the deity, Kejriwal, who was on a one-day visit to the city, said his party was a credible alternative to the BJP and the Congress in Gujarat who he said had a tacit alliance between them.

5. Sensex, Nifty scale fresh peaks

Equity benchmark Sensex rose 77 points to close at its all-time high today, tracking gains in index majors Reliance, Infosys and TCS amid positive cues from global markets. The 30-share BSE index ended 76.77 points or 0.15 per cent higher at 52,551.53. Similarly, the broader NSE Nifty advanced 12.50 points or 0.08 per cent to its fresh record of 15,811.85. Reliance Industries was the top gainer in the Sensex pack, rising around 1.5 per cent, followed by Bajaj Finance, ONGC, Infosys, PowerGrid, L&T and IndusInd Bank. On the other hand, Kotak Bank, NTPC, HDFC, Sun Pharma, Bajaj Auto and Maruti were among the laggards.

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