SEBI broke silence on Hindenburg-Adani Group matter

National Desk:
After the recent report of Hindenburg, there has been a huge decline in the shares of Adani Group.  SEBI has given a big statement regarding this.  It has been said by SEBI that abnormal volatility has been observed in the shares of a business group in the last week.  SEBI is committed to ensure the integrity of the market.  SEBI said that it is also committed to structural strengthening of the market.  Also said that we want the stock market to function in a transparent and efficient manner.
In a press release dated February 4, SEBI said that it seeks to maintain the orderly and efficient functioning of the market and there is also a system of public monitoring to remove excessive volatility in particular stocks.
SEBI said that the monitoring system is automatically triggered with certain conditions when there is a huge fluctuation in the prices of any stock.  SEBI's statement came after the statement of the Reserve Bank of India (RBI), in which allaying the concerns of the lenders, said that the country's banking system remains flexible and stable.