The Hindenberg Research on August 10th hinted at an explosive claim that could shake India. Soon after the Investment research organisation made certain claims questioning the credibility of SEBI Chief Madhabi Puri Buch. In this episode of Mid-day Explains, we dive deep into the Hindenburg vs. SEBI Chief controversy that has sent shockwaves through India`s financial markets. We break down the origins of the dispute, explore the allegations made by Hindenburg Research against prominent Indian companies, and discuss the response from the SEBI Chief. We also analyze how this controversy has impacted the Indian stock market, including the ripple effects on investor sentiment, stock prices, and market regulations with Investment Expert Kavitha Menon
14 August, 2024 05:05 PM IST |
![Know all about the Hindenburg vs Sebi Chief controversy - [Explained]](https://images.mid-day.com/images/images/2024/aug/hndennn_d.jpg)
On August 5th, 2024, there was a major stock market crash. Indian markets, including the Nifty and Sensex indices, saw significant losses right at the start of the day. This sharp decline came after global markets had also suffered heavy losses. Market expert Sunil Shah had predicted an early recovery for the Indian market, but the prediction did not hold true. The Indian stock market faced one of its worst drops as it followed the global downturn. The sharp fall in both major indices reflects the severe impact of the global market turmoil on India`s financial markets. Watch video for more.
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