The Supreme Court-appointed expert committee investigating Adani Group’s shares trading prior to the Hindenburg report’s release found no evidence of price manipulation by firms linked to the group. However, the committee has identified six entities, including four FPIs, for suspicious trading, with a build-up of short positions in the Adani Group shares before the release of the negative report. The committee found substantial profits were booked as Adani shares crashed after the report’s publication, and further investigations are being carried out in respect of the trading of the identified entities.
FPI outflows at Rs 1 lakh crore in 2025 so far; Rs 555 crore pulled out in July alone
Foreign Portfolio Investors have exhibited a selling trend in Indian equities, with outflows of Rs 555 crore in July, marking a reversal after three months