F&O Check: Shorts rise at Adani counters; AEL may hit Rs 2,600 level

Adani Enterprises, Adani Ports, ACC and Ambuja Cements witnessed significant build-up of OI in tandem with a fall in stock price so far this week, indicating build-up of shorts at these counters.

Rex Cano Mumbai
stocks, shares, market, sensex, nifty, BSE, INVESTORS, BROKERS
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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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Adani Enterp.

  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 5Y
  • MAX

First Published: Jan 27 2023 | 1:51 PM IST

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