Dalal Street in Mumbai has a crisis at hand. It's crash of Adani companies namely Adani Enterprises (ADE), Adani Total Gas (ATGL), Adani Power (ADANI), Adani Wilmar, Adani Green Energy (ADANIGR), etc. The shares crashed on a landmark report by a US-based Short Seller Research by Hindenburg. The shares are badly crashing in the Bombay Stock Exchange (BSE). The share prices are virtually halved and so as the confidence of investors shattered world-over. Adani is a big name. A high-flying coal conglomerate now has a huge market capitalization, which has now been depleted within a matter of days after the January 25 report contents. Hindenburg accused Adani of fraud, corrupt practices, and insider holding of shareholding beyond the threshold of 75%. The Indian regulator SEBI is into it. So far Adani market capitalization slashed by $100 billion.

This video content is on Hindenburg's allegation over India's most significant conglomerate Adani. As a follow-up to the remarkable accusations made by Hindenburg Research, the Adani Group conducted a conference call with fixed-income investors. Adani Group responded to some of the concerns in an 18-page presentation titled "Myths of Short Seller” on the call.

Earlier, Mark Mobius of Mobius Capital Partners just said "Adani debt just scared us away". This is the series of international distrust that could hit Adani in the future.

#hindenburgreport #sensexcrash #adani #dalalstreet #ndtv #adanigreensharenews #sebi #adanigroupbreakingnews #australia #offshore #nifty50 #niftyprediction #bse #ahmedabad #modi #advani #dalalstreetweekahead
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