A blog recently accused the Indian market regulator, SEBI, of not acting on a report about Adani's finances because SEBI's chairperson and her husband had investments in funds linked to Adani. We already know that Indian politicians often support big business leaders like Adani. But SEBI being involved in this is a new issue.
The question is, is Hindenburg Research doing good for India by revealing this information? Hindenburg is known for finding and exposing financial frauds to make a profit from the stock market. They usually release the news on weekends when the market is closed, so they can earn more money. This is because they need good liquidity to make a profit.
In reality, everyone is just looking out for their own interests. The ones who get hurt the most are the retail investors who buy and sell stocks.
"I hope that one day retail investors will come together and support each other."