FTSE Russell says monitoring information on Adani Group over Hindenburg report | Mint
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Business News/ Markets / Stock Markets/  FTSE Russell says monitoring information on Adani Group over Hindenburg report
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FTSE Russell says monitoring information on Adani Group over Hindenburg report

Adani index constituents within the FTSE Russell indices will continue to remain eligible in accordance with the underlying index methodologies, said FTSE Russell

Investors in Adani Group stocks suffered a combined loss of ₹1.39 trillion in wealth on Monday, with trading in Adani Total Gas, Adani Green, Adani Power, Adani Wilmar, and NDTV halted after they hit their respective lower circuits, which range from 5-20%Premium
Investors in Adani Group stocks suffered a combined loss of 1.39 trillion in wealth on Monday, with trading in Adani Total Gas, Adani Green, Adani Power, Adani Wilmar, and NDTV halted after they hit their respective lower circuits, which range from 5-20%

Global index publisher FTSE Russell said on Tuesday it was aware of short-seller Hindenburg Research's report on the Adani Group and associated securities and that it was monitoring the information.

"Adani index constituents within the FTSE Russell indices will continue to remain eligible in accordance with the underlying index methodologies," it said in a notice published on its website.

(This is a developing story, to be updated soon)

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This story has been published from a wire agency feed without modifications to the text.

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Published: 31 Jan 2023, 08:57 AM IST
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