Adani group stocks surged as news of Hindenburg Research's closure emerged, alongside positive developments in the Israel-Hamas conflict, increasing m

Nathan Anderson, whose activist short-selling firm Hindenburg Research became famous in financial circles by publishing a video of a truck rolling down a hill, is calling it quits.

Hindenburg Research published reports against Indian conglomerate The short-seller accused Adani Group of using offshore tax havens improperly, which the company denied.

US-based Hindenburg Research, known for its controversial short-selling practices, is shutting down operations. The closure has raised questions about the firm’s practices, its impact on markets, and the possible reasons behind this sudden move.

Hindenburg Research is in the spotlight this morning after founder Nate Anderson announced plans for a shutdown, citing a personal desire to pursue work-life balance. The investigative firm is broadly known for its report against Indian billionaire Gautam Adani and his conglomerate,