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Over Adani Hindenburg SEBI row & negative start of Gift Nifty, Equity benchmark indices, Nifty & Sensex may open in negative territory.
Most other major Asian markets were in the green on Monday following a positive handover from Wall Street last week, with MSCI’s broadest index of Asia Pacific shares outside Japan last trading 2.7 points – or 0.5 per cent – higher at 555.8.
On 9th August, The 30-share BSE Sensex bounced back 819.69 points or 1.04 per cent to settle at 79,705.91 with 28 of its constituents closing in green and two in red. The index opened higher amid gains in Asian markets and later surged 1,098.02 points or 1.39 per cent to hit a high of 79,984.24.
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Hindenburg-Sebi Chief Row: Sebi Chairperson Madhabi Puri Buch and her husband Dhaval Buch released a detailed, 15-point statement in response to Hindenburg Research’s allegations.
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GIFT Nifty futures – an early indicator of the stock market were down 47 points, or 0.2 per cent prior to opening bell on Stock Market.
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Hindenburg allegations against Sebi chief a big setback for market, transparency is paramount, said Zee Business Managing Editor Anil Singhvi