AIRLINK 60.05 Increased By ▲ 0.20 (0.33%)
BOP 6.32 Increased By ▲ 0.02 (0.32%)
CNERGY 4.35 Decreased By ▼ -0.03 (-0.68%)
DFML 15.88 Decreased By ▼ -0.09 (-0.56%)
DGKC 70.20 Decreased By ▼ -1.50 (-2.09%)
FCCL 18.30 Decreased By ▼ -0.16 (-0.87%)
FFBL 26.85 Increased By ▲ 0.55 (2.09%)
FFL 9.33 Increased By ▲ 0.13 (1.41%)
GGL 10.30 Decreased By ▼ -0.02 (-0.19%)
HBL 116.26 Increased By ▲ 1.76 (1.54%)
HUBC 114.50 Increased By ▲ 1.80 (1.6%)
HUMNL 6.80 Increased By ▲ 0.15 (2.26%)
KEL 5.02 Increased By ▲ 0.19 (3.93%)
KOSM 4.79 Increased By ▲ 0.11 (2.35%)
MLCF 38.52 Decreased By ▼ -0.47 (-1.21%)
OGDC 126.63 Increased By ▲ 3.23 (2.62%)
PAEL 21.55 Decreased By ▼ -0.45 (-2.05%)
PIAA 10.94 Decreased By ▼ -0.06 (-0.55%)
PIBTL 6.03 Increased By ▲ 0.01 (0.17%)
PPL 113.25 Increased By ▲ 4.85 (4.47%)
PRL 28.40 Increased By ▲ 0.20 (0.71%)
PTC 11.11 Increased By ▲ 0.04 (0.36%)
SEARL 52.10 Increased By ▲ 0.65 (1.26%)
SNGP 67.86 Decreased By ▼ -0.14 (-0.21%)
SSGC 11.48 Decreased By ▼ -0.12 (-1.03%)
TELE 8.00 Decreased By ▼ -0.07 (-0.87%)
TPLP 11.60 Decreased By ▼ -0.10 (-0.85%)
TRG 73.20 Decreased By ▼ -2.51 (-3.32%)
UNITY 23.75 Increased By ▲ 1.00 (4.4%)
WTL 1.29 Increased By ▲ 0.01 (0.78%)
BR100 6,673 Increased By 127.6 (1.95%)
BR30 22,664 Increased By 366.3 (1.64%)
KSE100 64,719 Increased By 1015.9 (1.59%)
KSE30 21,928 Increased By 419.7 (1.95%)

NEW DELHI/MUMBAI: The crisis engulfing the Adani group intensified on Monday as dozens of members India’s main opposition party were detained by police during protests, and parliament was suspended again due to disruptions over the saga.

Adani shares continued their freefall, with the conglomerate’s cumulative market value loss topping $110 billion. The crisis was triggered by US-based short-seller Hindenburg Research’s Jan. 24 report that accused the Adani group of stock manipulation, unsustainable debt and use of tax havens.

Comments

Comments are closed.

Sohail Feb 07, 2023 12:45pm
well played Hindenburg Research!!!!! well played......
thumb_up Recommended (0)