On January 16, 2025, the Indian stock market experienced a notable rally, with all 11 listed Adani Group stocks rising for the third consecutive day. Adani Green Energy led the surge with an increase of 8%. The Nifty index opened above the 23,300 mark, and both Nifty Midcap and Nifty Smallcap indices rose over 1%. Additionally, Nifty Realty and Nifty PSU Bank indices saw gains exceeding 2%. This positive momentum continued into January 17, 2025, with Reliance Industries shares also performing well, rising by 2.5% following strong Q3 earnings results. Analysts predict that Reliance shares could reach new highs, with some projecting a potential upside of up to 36%. Despite this, the Nifty index faced challenges, slipping below previous session lows, and Nifty Bank dropped over 400 points from its day's high, declining by more than 1.3%.