Capital Group rotates $2B from Reliance into Adani, signaling FII conviction shift between India's retail-infra giants

The $3.3T US asset manager has built over $2B across Adani Ports, Power and Green Energy while trimming a 2% Reliance stake to $776M. The pivot reshapes foreign positioning between India's two dominant retail-and-infrastructure conglomerates, with Adani names up 25-94% YTD against Reliance's -8.36%.

The $3.3T US asset manager has built over $2B across Adani Ports, Power and Green Energy while trimming a 2% Reliance stake to $776M. The pivot reshapes foreign

NDTV Profit · 5/22/2026, 5:10:45 AM · Ask about this →

Adani Group + Adani Green Energy + Adani Ports + Adani Power + Capital Group + Reliance Industries +