New Delhi, Sept. 28 -- Adani Group stocks have been in focus lately after SEBI officially cleared all allegations made by Hindenburg Research in January 2023. The development boosted investor confidence and triggered a strong relief rally, outperforming the broader market.

On September 22, markets regulator SEBI gave a clean chit to the Adani Group, confirming that its entities - Adani Ports & Special Economic Zone Limited and Adani Power Ltd. - had not breached any regulations, contrary to the claims made by U.S.-based short-seller Hindenburg Research.

"The transactions cannot be classified as manipulative or fraudulent transactions or unfair trade practice as there was no allegation of siphoning off of money or diversion of fund; all ...