New Delhi: For the stock market, 2023 is proving to be full of explosive news from the beginning. In the first month of the year itself, the American short seller Hindenburg Research created the first explosion by bringing a controversial report regarding the Adani Group. That report caused a loss of billions to the Adani Group. Although many analysts and experts believe that the Hindenburg report on Adani Group was not correct, Now the name of another veteran investor has been included in this sequence.

Mark Mobius, an experienced investor and founder of Mobius Capital, says that Hindenburg exaggerated concerns about the Adani Group in his report. He said that the report published by Hindenburg Research in January regarding Adani Group cannot be called completely correct. Mobius said these things during an interview. Mobius said that, and I believe that maybe Hindenburg exaggerated everything in relation to Adani. He had his reasons. When you short a stock, you want all the bad signals to come out in relation to it. But I do not believe that the Hindenburg report was completely correct and on target.

The founder of Mobius Capital further said that there was nothing new in the report of Hindenburg Research, whose information was not already available in the market. Whether it is about the involvement of the Adani family in the business of the Adani group or about the huge debt, all these things were known to the people even before the Hindenburg report came out. Everyone knew that the family was involved in the business. There was nothing secret about it. Some other things, which were brought to the fore as revelations, were already known to the analysts. The fact remains that the level of debt was very high, and this was also known beforehand.

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