New Delhi. Ever since Hindenburg revealed the shocking economic condition of Adani Group, since then the whirlwind that started in the country and the world is not taking the name of stopping. Look at the condition of the stock market that the shares of the listed companies of Adani Group are falling on their face. Investors are keeping distance from Adani Group. On the other hand, ruckus continues on the political front as well. In the budget session in Parliament, the opposition is engaged in laying siege to the central government regarding the Adani issue. Opposition parties are continuously demanding the Central Government to get the JPC probe into this entire issue. On the other hand, Union Finance Minister Nirmala Sitharaman today issued her statement on the whole issue and made it clear that the government has no role in it. Apart from this, RBI had also made it clear on Friday that no irregularities have been committed in giving loan to Adani group. So common people need not panic in any way. At the same time, SEBI has also issued a statement on this whole issue. Let us tell you in detail what SEBI has said.
What did SEBI say?
In the Adani case, SEBI issued a statement on Saturday saying that SEBI is always committed to ensuring the integrity of the market. SEBI said that we want the market to work in a transparent and efficient manner. We want the markets to function in an efficient and orderly manner. SEBI further said that the process of ups and downs in the market always continues. However, how long does this trend continue? Everyone’s eyes will be fixed on this. SEBI further said in its statement that the country’s banking system remains absolutely sound. So no one needs to panic. At the same time, TMC MP issued a statement on SEBI’s clarification, saying that this statement is different in the sense that it tells absolutely nothing of the result! Looks like @SEBI_India knows what action has been taken since June 2021 till now!
This statement stands out in that it manages to state absolutely nothing of consequence!
It seems only @SEBI_India knows what action has been taken since June 2021!#SleepingSEBI pic.twitter.com/UXlkUxREFt
Mahua Moitra (@MahuaMoitra) February 4, 2023
Keep in mind that earlier RBI had also clarified its stand in the whole matter. On the other hand, now as the heat of political debate is increasing regarding this whole issue, the scope of political ruckus is also increasing. At the same time, the process of political struggle is going on in the Parliament regarding this whole issue. Let us inform that earlier Adani Group had talked about exploring the option of taking legal action against Hindenburg. Now in such a situation, what direction will this whole matter take in the coming days. Everyone’s eyes will be fixed on this.