Finance Minister gave statement regarding Adani's stock

Union Finance Minister Nirmala Sitharaman has given a big statement regarding the stock of Adani Group.

He said on Saturday that the regulators (regulators) will investigate the alleged disturbances regarding Adani's stock.

The government will let the regulators do their work.

There will be no interference of the government in this. 

Nirmala Sitharaman said in Mumbai that the regulators will do their work.

You know what the RBI has commented on this matter on Friday.

And before RBI, banks and LIC have also come forward and kept their point.

So now the regulators will do their work.

And let me make it clear in front of you that the regulators in the country work independently without any pressure.

And they have full freedom to do what is right from the side of the government. 

Explain that Goldman Sachs (Goldman Sachs Group Inc.) and JP Morgan (JPMorgan Chase & Co.) told some clients that bonds related to Gautam Adani's business empire may offer value due to the strength of some assets.

On a call with investors on Thursday, Goldman Sachs trading executives expressed the firm's view that Adani's debt has reached a certain floor in the short term and that Adani Ports and Special Economic Zone Ltd's bonds are at current levels, Bloomberg reported. Got interesting at the price.

People having knowledge of the matter said that all this is happening because of the property of the company.

Before selling Adani shares, credit analysts at JP Morgan said in a note to clients that they saw value in the debt of some Adani operating companies.

Adani's securities have caught the attention of investors sitting in search of opportunity.

The sharp fall in Adani's shares and the slowdown in debt pushed some bonds down as well.

This attracted the attention of clients of the largest Wall Street banks.

The Indian billionaire has been targeted by short-selling research firm Hindenburg at a time when it launched an equity sale for the group's flagship Adani Enterprises Ltd.

Adani's securities have caught the attention of investors sitting in search of opportunity.

The sharp fall in Adani's shares and the slowdown in debt pushed some bonds down as well.

This attracted the attention of clients of the largest Wall Street banks.

The short-selling research firm Hindenburg has targeted the Indian billionaire at a time when Adani Enterprises Ltd, the group's lead promoter, launched an equity sale.

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