Business

Sensex Hits Record High Of 80,000 Amid Market Tensions; Investors Urge to Stand Firm Against Short Sellers

The Indian stock market’s Sensex recently achieved a historic milestone, breaking all records by reaching the 80,000 mark. This rally of 10,000 points was the fastest in the history of the market. Over the past few years, the stock market has increasingly become India’s favored investment option, with rising confidence among both seasoned and young investors.

The surge reflects the robust growth of the Indian economy and the strong trust investors, both large and small, have placed in Indian companies. However, some entities appear threatened by India’s rapid progress, including its stock market’s success.

Hindenburg Research, a notorious short seller led by Nate Anderson, has once again launched an attack on the Indian market. Allegedly backed by ‘George Soros and Company,’ the firm has made baseless allegations against the SEBI chief, aiming to profit through short selling by destabilizing the market.

Despite these claims, both the Adani Group and the SEBI chief have defended their positions, with financial experts dismissing the Hindenburg report.

In response, the Trade Circle Network has issued a public appeal, urging investors to stand firm when the market opens on Monday. They call on investors not to sell their stocks and to thwart any attempts by short sellers to exploit the situation.

“The Indian stock market will not bow down to these short sellers!” the message reads, rallying investors to demonstrate India’s economic strength.

#BharatJhukegaNahi

Also Read: SEBI Chairperson Madhabi Buch And Husband Denounce Allegations, Reaffirm Transparency and Integrity

Ajaypal Choudhary

Recent Posts

India Strengthens Economic Ties With EFTA: A New Era Of Growth And Partnership

India’s growing partnership with the European Free Trade Association (EFTA) offers promising opportunities for economic…

4 hours ago

Apple’s Projected Revenue Surge In 2024, Driven By iPhone 16e Launch

Apple is set to generate an estimated $11 billion in revenue from iPhone sales this…

4 hours ago

PM Modi Emphasizes Leadership’s Role In National Progress At SOUL Conclave

PM Modi highlighted vital role of leadership in driving national progress, stressing need for a…

4 hours ago

Uttar Pradesh Chief Minister Highlights Growth Plans to Achieve $1 Trillion Economy Goal

UP CM Yogi Adityanath reaffirmed the state's commitment to reaching a $1 trillion economy by…

4 hours ago

NPS AUM Set To Double, Expected To Reach Rs 29.5 Lakh Crore In 5 Years

The National Pension System (NPS) is poised for significant growth, with AUM expected to more…

5 hours ago

NCS Portal Hits Milestone, Mobilizes Over 440 Million Vacancies And Registers 4 Million Employers

India’s National Career Service (NCS) portal has made significant strides in connecting job seekers and…

5 hours ago