Adani Group stocks fell up to 6% after a US bribery scandal linked to Adani Green Energy employees. GQG Partners, a major investor, reaffirmed its commitment, stating the scandal doesn’t impact its investment thesis. While Adani Green Energy shares tumbled 6%, other Adani stocks saw smaller declines. GQG expressed confidence in the fundamentals of its Adani investments.
Is India’s options market overleveraged? Here’s what Nithin Kamath says
Zerodha CEO Nithin Kamath refuted concerns about excess leverage in Indian markets, calling US comparisons flawed. He emphasized India’s significantly lower margin funding and options