Hindenburg Research has hinted at another significant revelation related to India. On Saturday, Hindenburg posted on X, stating, “Something big soon India.” Last year, on January 24, Hindenburg Research released a report criticizing the Adani Group just before Adani Enterprises’ planned share sale. The report resulted in an $86 billion decline in Adani Group’s market value and a significant sell-off of its overseas listed bonds.
India’s insurance story still in early innings: long runway ahead: Nischal Maheshwari
Market expert Nischal Maheshwari expresses optimism about the insurance sector. He favors life insurance companies like SBI Life and LIC due to their appealing valuations.