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Hindenburg report: NSE puts three Adani firms under ASM framework

The move is to shield investors against risky and speculative trades

Adani bond plunge fastens as rebuttal to Hindenburg fails to stem concern
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Khushboo Tiwari
The National Stock Exchange (NSE) on Thursday shifted Adani Enterprises, Adani Ports and Special Economic Zone (APSEZ), and Ambuja Cements to a category of stocks that require up to 100 per cent trading margins and are subject to greater scrutiny to curb short-selling.
 
The purported short-term additional surveillance measure (ST-ASM) Stage 1 will be made applicable to these stocks on new positions created, starting February 6.
 
Under this, traders cannot avail of intraday leverage and their 100 per cent traded value gets blocked as margin.
The move is to shield investors against risky and speculative trades.
 
This list of companies under