Adani Group Stocks: Hindenburg Research Shop closed.. Huge rise in Adani shares!

Trading started briskly in the Indian stock market on Thursday. Bombay Stock Exchange’s 30-share Sensex opened with a gain of more than 500 points, while National Stock Exchange’s Nifty started trading with a gain of more than 100 points. On the other hand, the impact of the news from America came to the fore for Gautam Adani. Keep an eye on the shares of Adani companies. US short seller Hindenburg Research has announced it is closing down. Due to this, Adani’s shares are rising.

upside down in the beginning

Shares of 9 companies of Adani Group listed in the stock market started trading with huge gains on Thursday. Shares of the group’s flagship company Adani Enterprises rose 4.35 percent to Rs 2,492.15 in the initial minutes. Apart from this, other shares also started trading at a good pace. If we look at the growth at the beginning of the business…

surge in shares

Shares of Adani Power rose by 5.37 per cent, Adani Green Energy by 5.59 per cent, Adani Ports by 3.45 per cent, Adani Energy Solutions by 2.59 per cent, Adani Total Gas by 4.04 per cent, Ambuja Cements by 4.31 per cent, ACC Limited by 3.64 per cent and NDTV by 4.56 per cent. .

Hindenburg effect

The reason behind the rise in Gautam Adani’s shares seems to be the closure of Hindenburg Research Firm. US-based short-seller Hindenburg had earlier ousted Adani. In early 2023, Hindenburg published a research report on Adani Group. After which Gautam Adani had to face huge losses. It took a long time to recover from that. Adani company has faced huge losses in the stock market. In 2024, Hindenburg once again issued a report targeting Adani Group. Its effect is not much.

Hindenburg founder Nathan Anderson has announced that he is closing his company. Immediately after this, Adani’s shares saw a rise.

Note: This is not investment advice. Information only. Investing in stock market is risky. The above share growth may change immediately.