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

Adani Power took the lead, followed by Adani Green Energy, Adani Enterprises, Adani Total Gas and NDTV stocks. As much as 9.2% gains were recorded in the early trade of Adani stocks.

Adani stocks surged as Hindenburg Research closed operations, citing completed investigations, boosting optimism despite regulatory scrutiny.

The stock of Adani Enterprises soared 8.91%, Adani Ports climbed 6%, Ambuja Cements went up by 4.79%, ACC (4.50%), Sanghi Industries (4.22%) and Adani Wilmar (3%). All Adani group stocks had ended lower on Monday's trade in-line with weak trend in equities.

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

Adani group stocks, including Adani Power, Adani Green Energy, Adani Energy Solutions, Adani Ports, and Adani Enterprises, rallied on the Dalal Street on Thursday, January 16. Is the shutting down of Hindenburg Research gave a boost?