Adani Market Crash🧐

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Adani's Market Crash:-
The Adani Group has experienced a major drop in its market value since the publication of a report by US short seller Hindenburg Research claiming the company was engaged in fraudulent activities and stock market manipulation. Consequently, the Adani stock rate has dropped by an immense $108 billion, leaving investors in a state of shock. India's Securities and Exchange Board of India (SEBI) has reacted quickly to ensure the stock market stays orderly and efficient and has put Adani Enterprises, Adani Ports, and Ambuja Cements under its Additional Surveillance Margin (ASM) framework as of February 3, 2023. The government has also said that regulatory bodies, such as SEBI, are independent to operate and are keeping a close eye on the Adani Group's developments. The stock market has gone through a large reduction in the recent days, with the Adani Group losing a total of Rs 9 lakh crore in market capitalization in the last seven days of trading.

I hope that this situation go soon .
Thanks😉

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