Morning I saw a tweet on WSB and even in the remote possibility didnt expect it to be on Adani.
Interesting to see this news right before the 20k crore FPO.
Adani grp stocks are already down quite a lot from last few days.
Is this again a case of rumours late near the end of correction or will this will lead to bigger cuts?
I really doubt anything will happen. Some red for a couple of days. Hindenburg makes some money and everyhting is back to normal. Everyone is probably aware of this SEBI, DRI, Indian News Channels but nothing substantial is going to happen.
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