Markets are ‘well’: Finance Minister Nirmallit on Adani’s stock brokerage

Mumbai :

The Nirmal assessor has said the country’s markets are ‘high way luxe’, and he did not expect them to be overshadowed by the controversy over industrialist Gautam Adani’s commercial empire.

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The market valuation of the Adani Group has fallen by over US$ 120 billion, which is almost half of the group’s net worth. The group’s stock started falling after US short-seller Hindenburg Research made several allegations against the group in a report last week. In this, Adani Group is accused of fraud in the account and fraudulently increasing the share stake. In the report, it has been described as stock manipulation, account fraud and the biggest scam in corporate history.

Finance Minister Nirmal Ghera told broadcaster News18 that India is building a “well-rounded” country and a “very well-rounded market”, and in my view an event which is being discussed globally is unlikely Will be how much the Indian financial market is caught…” The Finance Minister said the Public Secretary’s financial institutions detailed claims that his Adani group had limited exposure and would not be affected much by the share commitment Nineteen said, “I think the stranger who was before will remain so.”

Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group company.

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