Most Adani stocks gain after SEBI notice to Hindenburg

Most Adani Group stocks including Adani Energy, Adani Total, Adani Wilmar and ACC gained on Tuesday during intra-day trade. The gains came as SEBI sent a show cause notice to Hindenburg Research for trading violations in the scrip of Adani Enterprises, leading up to Hindenburg's report alleging the group of fraudulent activities. However, Hindenburg called SEBI's notice "nonsense".