Retail investors in India have increased their holdings in the Adani Group just before the announcement of bribery charges against its founder by US authorities. This surge in retail investment comes at a time when institutional investors have been reducing their stakes in the conglomerate, indicating a divergence in market sentiment.
The recent developments have raised concerns among market watchers, as the Adani Group has faced increased scrutiny following the allegations. While retail investors seem to be taking advantage of potential opportunities, institutional players are adopting a more cautious approach, reflecting concerns over the implications of the ongoing investigation.