A US-based short-seller which had published reports accusing top financial entities in India and abroad of financial wrongdoings and fraud is set to shut down. Nate Anderson, the founder of Hindenburg Research,

Anderson, who founded Hindenburg in 2017, explained in a post on the company’s website that the decision was prompted by the

Adani Group shares surged with Adani Power leading at Rs 599.90 following the closure announcement of US investment firm Hindenburg Research. Hindenbu

US-based Hindenburg Research, known for its controversial short-selling practices, is shutting down operations. The closure has raised questions about the firm’s practices, its impact on markets, and the possible reasons behind this sudden move.

In a social media post on 'X', formerly Twitter, Hindenburg Research Founder Nate Anderson said that he had made the decision to disband Hindenburg Research

Adani group stocks rallied on Thursday after Hindenburg Research, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from market value of his group companies,

Adani Group stocks, including Adani Power, Adani Green Energy, Adani Enterprises, and Adani Ports, witnessed a notable rally on Thursday, January 16. This surge followed the announcement that US-based short-selling firm Hindenburg Research,

Adani Power rose the most among all the other companies of the group by as much as 9.2% or close to ₹600 per share

Hindenburg Research published reports against Indian conglomerate The short-seller accused Adani Group of using offshore tax havens improperly, which the company denied.