GQG doubles down on Adani, raises stakes in 5 stocks as US bribery shadow fades

 

GQG Partners hiked stakes in five Adani stocks, notably Adani Ports (up to 3.93%) in Q4.

Move comes amid easing US bribery scandal pressure, with Trump pausing FCPA prosecutions.

FIIs trimmed exposure; Indian mutual funds and LIC increased stakes across several Adani firms.

Brokerages turn bullish, with Ventura and Jefferies setting high targets for Adani Power and Ports