NEW DELHI: Embattled billionaire Gautam Adani will face his moment of truth today as the Supreme Court will announce its verdict on the Hindenburg issue in which crores of investor wealth was lost.
The announcement will not only have an impact on Adani Group stocks – there are 10 in total – as well a sentimental impact on the overall market. Investors appeared to be already baking in the possibility of a favourable judgement as Adani Group stocks today rallied up to 10%.