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Founded in 2017 by Nathan Anderson, Hindenburg Research is a forensic financial research firm which analyses equity, credit and derivatives. On its website, Hindenburg says it looks for "man-made disasters," such as accounting irregularities, mismanagement and undisclosed related-party transactions. The company invests its own capital

State-controlled Life Insurance Corp. of India is spending about 3 billion rupees ($37 million) as an anchor investor in a $2.5 billion new share sale by Adani Enterprises Ltd., according to a filing. The investment would add to its current holding of 4.23%.

The company received total bids of 4,70,160 shares against the issue size of 4,55,06,791 shares. The portion reserved for retail investors got bids for 3,99,880 shares against 2,29,08,464 shares on offer.

The Nifty Realty index was trading 0.91 per cent down at 409.0.

"We need revenue augmentation and divestments will help us to get those additional revenues. I know that during elections, things can be a little bit more sensitive but this government has been very strong and confident in how it acts and that is why we continue to see the momentum in these areas."

Equity benchmarks Sensex and Nifty plunged over 1 per cent for a second straight session on Friday dragged down by heavy selling in banking, financials, and oil stocks amid foreign fund outflows. >> For more such web stories click on the ET icon below

Technically, any pullback rally from here could encounter strong overhead resistance of around 17,750 levels, as per the concept of change in polarity and that could be a sell-on-rise opportunity for the coming sessions. Weakness is likely to continue for the next 1-2 sessions

ETMarkets.com analysed stocks where big institutional investors -- FIIs and MFs -- reduced their stakes in the last three quarters of the current fiscal (FY23). >> For more such web stories click on the ET icon below.

“The move from consumption-driven economy towards investment cycle driven economy and also from a very long period of a market where valuations stopped mattering, we are going into a market where valuations will matter or have started. These two trends together is what we are keeping in mind when we look at our portfolio allocations.”

The stock exchanges, NSE and BSE, earlier in a joint statement, announced that they would implement the T+1 settlement cycle in a phased manner, starting February 25, 2022, with the bottom 100 stocks in terms of market value