Shares of Adani Group companies witnessed a heavy sell-off in the last two trading sessions, after US-based research firm Hindenburg accused the Group of stock manipulation and accounting fraud.
The Hindenburg report stated that its two-year investigation revealed that Adani Group was "engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades". READ MORE
Interestingly, the four Group stocks listed in the F&O (Futures & Options) segment - Adani Enterprises, Adani Ports, ACC and Ambuja Cement witnessed build-up of Open Interest (OI) on the short-side since beginning of this week, i.e. couple of days prior to the day Hindenburg report news break.
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