Adani-Hindenburg Saga. Watch: Overseas short-selling bets behind $100 billion rout in Adani shares

Palak Shah Jayapriyanka JNabodita Ganguly Updated - February 12, 2023 at 12:52 PM.
Adani-Hindenburg Saga.

Talks about the Adani shares have been persistent among everyone. This boomed after Hindenberg Research, an investment research firm, allegedly accused the Adani Group of a “brazen stock manipulation and accounting fraud scheme over the course of decades.”

Interestingly, an initial probe by government agencies, showed that the Adani company was targeted by a bear cartel through the use of structured product derivatives (SPDs).

Short-selling of stocks is not happening only in this case. But why do we see the short-selling of Adani shares blown into an issue? What are the possible moves that the investor should think of now? Palak Shah, Deputy Editor, explains. Read the full story here.

Published on February 12, 2023 07:22