New Delhi, July 10 -- Adani Group stocks rallied up to 5% on Friday, driven by strong buying interest as investor sentiment improved following a series of positive developments across the conglomerate's businesses.

Adani Total Gas led the gains, surging more than 5%. Adani Green Energy and Adani Energy Solutions advanced over 3% each, while Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), Adani Power, Ambuja Cements and ACC gained more than 2% each.

The rally came after a Bloomberg report said Singapore-based Helios Capital Management is betting on Adani Enterprises to be the next major contributor to its funds' performance.

According to the Bloomberg report, Helios Capital Management purchased around 770,000 shares of...