In a surprising turn of events, Hindenburg Research, the activist short-selling firm that shook global markets with its scathing reports on corporate misconduct, has announced its closure.
Benchmark stock market indices saw a brief respite on Wednesday session as they closed higher, fuelled by a rise in IT sector stocks which were helped amid anticipation of US inflation data.
The domestic equity markets saw a positive close on Tuesday, with the Sensex rising 170 points to 76,500 and the Nifty gaining 90 points to end at 23,176.
