After 2023, Pakistan is currently going through the worst time in its stock market. The loan that was supposed to come from the IMF is now also in question whether they will receive it or not.
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The Hindenberg-Adani Case timeline ->
24 January 2023:
Hindenburg Research, a US-based short seller, accused the Adani Group, led by Gautam Adani, of financial misconduct. Adani denied these allegations.
1 February 2023:
SEBI started investigating