{"id":552767,"date":"2023-02-04T10:35:46","date_gmt":"2023-02-04T05:05:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=552767"},"modified":"2023-02-04T11:48:25","modified_gmt":"2023-02-04T06:18:25","slug":"pil-in-sc-seeks-prosecution-of-short-sellers-for-artificial-crashing-of-adani-groups-stock-value","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pil-in-sc-seeks-prosecution-of-short-sellers-for-artificial-crashing-of-adani-groups-stock-value\/","title":{"rendered":"PIL in SC seeks prosecution of short sellers for \u2018artificial\u2019 crashing of Adani Group\u2019s stock value"},"content":{"rendered":"<p>A PIL has been filed in the Supreme Court, seeking the prosecution of short seller Nathan Anderson of US-based firm Hindenburg Research and his associates in India and the US, for allegedly exploiting innocent investors and the \u201cartificial crashing\u201d of the Adani Group\u2019s stock value in the market.<\/p>\n<p>Hindenburg engages in activist short selling, which involves selling borrowed stocks with the hope of buying the same at a lower price later. If the prices fall on the expected lines, the short sellers make a killing.<\/p>\n<p>The investment research firm, which invests its own capital, takes such bets based on its research, which looks for \u201cman-made disasters\u201d such as accounting irregularities, mismanagement and undisclosed related-party transactions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A PIL has been filed in the Supreme Court, seeking the prosecution of short seller Nathan Anderson of US-based firm Hindenburg Research and his associates in India and the US, for allegedly exploiting innocent investors and the \u201cartificial crashing\u201d of the Adani Group\u2019s stock value in the market. Hindenburg engages in activist short selling, which involves selling borrowed stocks with the hope of buying the same at a lower price later. If the prices fall on the expected lines, the short sellers make a killing. The investment research firm, which invests its own capital, takes such bets based on its [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-552767","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=552767"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552767\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=552767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=552767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=552767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}