SEBI clears Adani Group of Hindenburg allegations

SEBI gives clean chit to Adani, group on Hindenburg charges. The market regulator has concluded its investigation into the Adani Group, finding no evidence of manipulation tied to the Hindenburg Research allegations. This clears a major overhang, potentially triggering a sharp rebound in Adani stock prices which had corrected sharply post the February 2023 report. Investor sentiment is expected to improve significantly across the group.

📊 STOCKS: ADANIENT, ADANIPORTS, ADANIPOWER, ATGL, ADANIGREEN, ADANITRANS, AWL | 🏢 SECTOR: Legal | #HIGHIMPACT #Adani