Adani Group stocks: Adani Group stocks jumped sharply with the news of the possible appointment of Indian-American Kash Patel after FBI Director Chris Ray announced his resignation from his post early next year. This news has come about Trump's possible intention, which reflects a new political change with Ray's resignation. Trump appointed Ray as FBI Director in 2017 and now he is keen to bring Indian-American officer Kash Patel to this post.

Adani Group shares jump 9 percent

Due to the resignation of the FBI director, the combined market capitalization of all Adani Group stocks rose by Rs 28,000 crore, according to ET. The biggest gain was seen in Adani Green Energy shares, which rose 9%. This was followed by Adani Power shares, which gained 8%, a significant gain on an intraday basis. Adani Enterprises shares rose 3%, while Nifty-linked Adani Ports and Special Economic Zone (APSEZ) shares also saw a rise.

Other shares of Adani Group also jumped

Other key stocks such as Adani Energy Solutions, Adani Wilmar, Adani Total Gas, and Sanghi Industries also saw gains of up to 5%. During this period, investors witnessed positive sentiment as the market capitalisation of Adani Group stocks increased.

Incidents linked between Adani Group and FBI

The resignation of FBI Director Chris Wray highlights the possibility of the return to power of the Trump administration, which had earlier during its tenure removed Wray's predecessor James Comey from the post. Comey was removed due to the investigation of the 2016 campaign and alleged contacts with Russia. Meanwhile, charges have also been filed against Adani Group Chairman Gautam Adani and six other individuals under the FBI, which shows a direct connection between the two incidents.

This surge came after a huge drop in the shares of Adani Group

The market capitalization of Adani Group shares fell by Rs 2.24 lakh crore following the US court order on November 21, which was the biggest one-day fall since the Hindenburg issue. However, now after the resignation of FBI director Chris Ray, Adani Group shares are seeing a rise again.