A year after the explosive Hindenburg report on Adani stocks, the controversy continues as Sebi is investigating violations of minimum public shareholding norms. The Supreme Court has directed Sebi to complete the investigation within 3 months. Adani stocks have partially recovered, but there is still a Rs 4.67 lakh crore loss in market capitalization. Adani Ports and Adani Power have performed well, while Adani Total Gas, Adani Energy Solutions, and Adani Wilmar have suffered losses.
Asian stocks weaken as Fed policy doubts simmer
Japanese and Australian shares fell. South Korea’s benchmark bucked the trend, led by Samsung Electronics Co.’s rally after it announced a stock buyback plan. US
November 18, 2024