Short selling: What SEBI changed; who will take onus for any mishap?
SEBI tightens short selling. SC seeks “probe” and “suitable action” if it violates the law and causes loss to investors, together putting a virtual ban on it
SEBI tightens short selling. SC seeks “probe” and “suitable action” if it violates the law and causes loss to investors, together putting a virtual ban on it
Adani group stocks, which have maintained an uptrend since last week following the Supreme Court's concluded hearings of the Adani-Hindenburg case, surged between 6-14% intraday.
This is the second major allegation against billionaire Gautam Adani-led Adani Group after an adverse report by Hindenburg released in January this year.
Adani Power gained up to 3.9%, followed by Adani Enterprises and Adani Ports & SEZ, which climbed 2.5% each during the trade so far.
Adani Enterprises topped the chart by falling over 5%, followed by Adani Ports, Adani Energy Solutions, Adani Power, Ambuja Cements, among others.
It is surprising that SEBI has made the Prayer to ‘pass an appropriate order’, a phrase that is highly open-ended, which carries the risk of the SC Order proving to be cumbersome upon SEBI itself
Apex court asks market regulator to circulate latest affidavit to petitioners and court, and also upload it on record
The investments are proof of the underlying strength of the group’s businesses and its commitment to the highest level of governance, says Adani group.
SC Panel finds that some entities took short positions before the Hindenburg report was released and that they profited from squaring off their positions
SEBI on May 12 had sought additional 6 months' time to complete probe; SC says it had granted two month’s extension earlier