Hindenburg’s Charges Pose Challenge To Indian Mkts
Experts believe that the recent Hindenburg allegations against Sebi, the capital markets regulator, have escalated the issue beyond just a dispute between Hindenburg and a single corporate entity. It is now seen as a challenge to India’s entire capital markets system, its regulator, and the government. Speaking to Bizz Buzz, Arun Kejriwal, a market expert and Founder of KRIS, said, “The accusations against the Sebi Chairperson and the subsequent clarification issued by her have significantly raised the issue many notches. This is no longer just about one corporate house; it’s about the integrity of India’s capital markets system, its regulation, and the government itself.” He added that fast-paced responses from all stakeholders can be expected within the next two days.
Sant Duleep Singh Afghanwala