ATGL

and

ADANIPOWER

were among the biggest gainers after Sebi Clears Adani Group in Hindenburg Case

After India’s markets regulator SEBI dismissed allegations of stock manipulation, insider trading, and related-party violations against the Adani Group made by short-seller Hindenburg Research, Adani shares surged up to 13% in early trade.

and were among the biggest gainers. SEBI found that loans had been repaid, transactions were genuine and not related parties under the law, and there was no basis for penalty or liability.