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Adani Stocks Soar Amid Investigation
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Adani Group stocks surge, adding over $15 billion, in the best day since the Hindenburg report, as the Supreme Court concludes the investigation into the plunge in the conglomerate’s stocks earlier this year. The stock rally is attributed to short-covering, with the market value still below pre-scandal levels.
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How might the Supreme Court's conclusion impact the ongoing investigation into Adani Group's stock plunge?
How might the short-selling restrictions in India affect the market and Adani Group's stock performance?
What are the potential implications of the market value still below pre-scandal levels for Adani Group's future?
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