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A group of people from India have a strong reaction to the stock plunge.
Adani Group has accused the US investment firm Hindenburg Research of launching “a calculated attack” on India by publishing a report that alleged widespread fraud at the group’s ports-to-power conglomerate. Hindenburg said Adani Group shares are massively overvalued and it has taken a long position on them, meaning Hindenburg wins when Adani shares fall. “This…