Sunday , November 24 2024

Impact of Hindenburg Research's blast on the stock market, Sensex-Nifty fell, Adani Group shares fell

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Share Market: All eyes were on the Indian stock market today (August 12) after the Hindenburg Research firm reported the connection between SEBI and Adani Group. So far, this report has had little impact on the stock market. As far as the Sensex is concerned, it registered a normal decline of 375 points at the beginning of trading, while the Nifty also saw a marginal decline of 70 points. However, the impact of the Hindenburg report was seen on the shares of Adani Group and the shares of Adani Enterprises fell by 5 per cent.

What is the status of other shares of Adani Group?

•Adani Power shares fell 3.65% to trade at Rs. 670.

•Shares of Adani Total Gas Ltd. fell 4.81% to trade at Rs. 828.

•Adani Wilmar shares fell 2.56% to Rs. 375.30.

•Adani Green Energy Ltd stock fell 2.96% to Rs. 1,728.05.

Not the same effect as before!

After the release of the report on 24 January 2023, the impact of the Hindenburg Research report on the shares of Adani Group is not visible as before. This makes it clear that this time the report of the American short seller on the SEBI chief has not proved to be very effective. The impact on the sentiment of investors can also be assumed. According to experts, this allegation is being claimed to be the same as before.