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How Hindenburg shorted the Adani stocks

SPDs are structured products that are tailor-made by foreign brokers for large clients in offshore jurisdictions. These products are not available in India and hide the identity of the trader who takes a position.

Sensex ended lower by 220.86 points or 0.37 percent at 60,286.04 while the Nifty shed 43.10 points or 0.24 percent at 17,721.50.

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