Today everyone’s eyes are on the Indian Share Market. Actually, Hindenburg had published a report on Adani Group on January 24 last year and after this there was a storm in the market and once again the shadow of Hindenburg is visible on the market. This time the American short seller has targeted the market regulator and this time too the name of Adani Group is included in his report. In such a situation, it is important to know what impact this new report had on the shares of Adani Group?
Stock market gap down open after Hindenburg Report
After the publication of Hindenburg’s report, on Monday, the first trading day of the week, the stock market started trading in the red with a decline. At 9:15 am, the 30-share Sensex of Bombay Stock Exchange opened at 79,330 with a loss of 375 points, while the Nifty of National Stock Exchange opened at 24,320, slipping 47 points. Meanwhile, there has been a decline in the shares of Adani Group in early trading. Adani Enterprises Share fell by more than 5 percent as soon as the market opened, however, this initial fall reduced as the trading progressed in the market and at 10.35 am, Adani Enterprises’ share fell by 2.49% and was trading at Rs 3,107.80.
Adani Power Share is trading at Rs 675 with a decline of 2.93%.
Adani Total Gas Ltd shares are trading at Rs 828, down 4.81%.
Adani Wilmar share has fallen by 2.87% and is trading at the level of Rs 374.10.
The stock of Adani Green Energy Ltd is down 2.80% at Rs 1,731.
Adani Energy Solutions shares are trading 3.37% down at Rs 1,066.55.
Adani Port Share has slipped 1.43% to Rs 1,511.90.
Even though there is a decline in all the shares listed in the stock market of Adani Group on Monday, it is not seen in the same way as was seen after the publication of Hindenburg report on January 24, 2023 last year. Was. Looking at this, it can be said that Hindenburg’s report has not had any major impact on the market.
In fact, this time the immediate clarification given by Madhabi Puri Buch and Adani Group Chairman Gautam Adani after the report of American short seller on SEBI Chief has had some impact on the sentiment of stock market investors. Apart from this, many market experts were already seen saying that the allegations made by Hindenburg in the new report are the same as the earlier ones, about which investors are already aware and have also been investigated.
