Adani Group stocks staged a strong recovery on Tuesday, September 1, 2026, with shares gaining up to 3.5% in intraday trading following a steep correction in the previous session post-MSCI rejig. According to Business Standard, Adani Green Energy emerged as the biggest gainer among Adani Group stocks, rising as much as 4.69% intraday, while Adani Ports followed with a gain of 3.2% intraday, and Adani Power also climbed as much as 3.2%. Adani Enterprises gained up to 2.5%, and Adani Energy Solutions rose around 2% at its intraday peak. The recovery demonstrates investor confidence returning to the group's stocks after the initial selling pressure from the MSCI index changes, with the MSCI changes implemented after market closing hours on August 31, 2026 continuing to remain in focus.
Market expert Arun Kejriwal from Business Standard explained that the rise in Adani Group stocks is largely linked to the MSCI rejig and the sharp price movement during the final half-hour of the previous session. He noted that the MSCI rebalancing was known well in advance, prompting investors to take positions ahead of the change, but the magnitude of the price movement in the last 30 minutes caught some market participants off guard, leading to yesterday's correction. Ravi Singh, chief research officer at Master Capital Services, added that yesterday's decline was largely driven by heavy institutional flows during the Closing Auction Session, as global passive funds adjusted their portfolios. With the rebalancing now completed, the one-time selling pressure has eased, allowing stocks to recover from yesterday's steep correction.
The recovery in Adani Group stocks comes after four companies were added to the MSCI India Index following MSCI's August 2026 review, with Lenskart Solutions, Laurus Labs, Adani Energy Solutions and Billionbrains Garage Ventures being the additions. As reported by Reuters, the index review had previously recalibrated weights among existing index members, with Adani Enterprises and Adani Ports expected to receive approximately $202 million and $77 million, respectively. Adani Energy Solutions is projected to see $310 million in inflows from the MSCI changes. Vipin Kumar from Globe Capital Market noted that the August 2026 MSCI index rebalancing is projected to generate a total net passive inflow of approximately $617 million into the targeted Adani Group companies. The selling came amid a broader decline in Indian equities as investors remained cautious ahead of the MSCI index changes.
Adani Power emerged as the top performer, surging 4% to ₹205.79 with buy orders outnumbering sell orders at 55:45, as reported by The Hindu BusinessLine. JM Financial retained its 'Buy' rating on Adani Power with a target price of ₹257, flagging a potential 30% upside following a site visit to the company's Raipur complex. The stock has surged 69.32% over the past year from a 52-week low of ₹120 hit in September 2025. Adani Ports and Special Economic Zone climbed 4% to ₹1,655.60 with near-even buy-sell pressure reflecting broad-based institutional interest. Adani Green Energy gained 5% to ₹1,271.20 with buyers commanding 53.67% of the order book, having delivered over 23% returns in the past year. Adani Enterprises, the group's flagship, has surged around 34% so far in 2026, putting it on track to be the top gainer on the Nifty 50 for the year, a position it last held at the end of 2022 before the Hindenburg Research report triggered a selloff that wiped over $150 billion from the group's market value.
Not all Adani Group companies participated in the rally, with Adani Energy Solutions falling 2% to ₹1,444.40 weighed down by heavy sell pressure at 66.61% of the order book, as reported by The Hindu BusinessLine. Adani Total Gas gained just 1.3% to ₹629.70, while Ambuja Cements and ACC posted subdued gains of under 1%. The broader recovery across the group has come alongside share purchases from investors as the conglomerate rebuilds investor confidence following the short-seller attack. The selling pressure on Adani Group stocks came amid broader market weakness, with the Sensex up over 200 points or 0.26% to 77,161.36, while the Nifty gained 39.5 points, or 0.2%, to trade at 24,119.90.
