Gautam Adani giving a statement after the Hindenburg Research report (File photo)
January 24, 2023, everyone will remember this date in Indian history. Especially Gautam Adani, the second richest person in the country and the head of the Adani Group. On the same day, Hindenburg Research, an American short-selling firm, published a report on the Adani Group, after which not only the shares of the Adani Group companies fell, but the entire stock market was shaken. Now, this Hindenburg research has once again given a big warning about India.
Hindenburg Research had published a report against Adani Group in January 2023. It said that it has taken a short position in the shares of the Adani Group. However, it was not clear then for whom it had taken this short position, because it is not authorised to carry out direct transactions in the Indian stock market.
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Hindenburg Research warned
Hindenburg Research made a post on social media platform ‘X’ on the morning of August 10. In it, it has written: “Something big will happen in India soon.”
Something big coming soon India
— Hindenburg Research (@HindenburgRes) August 10, 2024
Who Hindenburg is targeting this time is not clearly known from his former post. But this warning will definitely affect the sentiment of investors in the stock market. Not only this, doubts about the Adani Group are again emerging in the minds of ordinary investors. At the same time, some users are raising doubts about Hindenburg’s credibility. This can also be known from the comments of ordinary users on the Hindenburg Research post.
Okay, getting ready to buy the Adani dip.
– Kaushik (@BigBullCap) August 10, 2024
Who cares now?
Credibility lost!!!
– Manish Bothra🇮🇳 (@MoneyMystery) August 10, 2024