Adani stocks jump up to 7% after refuting bribery charges

Adani Group stocks gained up to 7% on Wednesday after the group issued clarification, saying that Gautam Adani and other executives weren't charged with bribery as part of US indictment. The group said charges involved alleged securities fraud conspiracy, wire fraud conspiracy, and securities fraud. Adani Energy Solutions was up 6.9%, while Adani Enterprises stock rose 3.4% in early trade.