There has been a huge jump in Adani’s shares due to the news of Hindenburg. In fact, the impact of the decision to close short-seller firm Hindenburg is being seen on the shares of Adani Group today. Two years ago this month, Gautam Adani had suffered a loss of $100 billion due to the release of the Hindenburg Report. Even today, due to a news from Hindenburg, there is a huge jump in the shares of Adani.

 

The decision to close Hindenburg had an impact on Adani Group’s shares.

In fact, the decision to close short-seller firm Hindenburg seems to be impacting the shares of Adani Group today. Today, Adani Enterprises, Adani Ports and SEZ, Adani Green Energy, Adani Power, Adani Energy Solutions, Adani Total Gas, Adani Wilmar, Ambuja Cement, ACC and NDTV are all trading in the green.

How is the market?

After huge turmoil in the stock market, there was a brisk start to trading on Thursday, in the initial phase Nifty opened up 164 points at 23377, while Sensex opened up 595 points at 77319. At the same time, shares of Adani Group are in focus today because the closure of short-seller firm Hindenburg led to a rise in the shares of Gautam Adani’s companies. This is the same company due to which Adani suffered huge losses.

Adani Group has denied all the allegations

It took a long time for the company to recover from this. Hindenburg said in a report submitted to Adani Group on January 24, 2023. Adani Group is earning profits by misusing offshore tax havens, but Adani Group has completely rejected all the allegations.

Hindenburg’s founder announces closure of company

Last night, Hindenburg founder Nathan Anderson announced the closure of his company, after which Adani’s shares jumped as soon as the stock market opened.

Know about stock status?

Company Name latest price such a big boom
Adani Green Energy Share Rs 1,092.90. 5.59%
Adani Power Share Rs 578.95 5.37%
Adani Green Energy Share Rs 1,092.90. 5.59%
Adani Energy Solutions Share Rs 800.35 2.59%
Adani Total Gas Share Rs 689.00 4.04%
Ambuja Cements Share Rs 541.70 4.31%
acc limited shares Rs 2,041.25 3.64%
ndtv share Rs 153.60 4.56%

Rahul Dev

Cricket Jounralist at Newsdesk

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