• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Tuesday, July 8, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Markets

George Soros Eyes Indian Stock Market for Big Shorting Play

by Indrajeet Giram
February 19, 2023 - Updated On February 20, 2023
in Markets
Reading Time: 2 mins read
0
George Soros Eyes Indian Stock Market for Big Shorting Play

George Soros Eyes Indian Stock Market for Big Shorting Play

TwitterWhatsappLinkedin

In a recent speech at the Munich Security Conference, billionaire hedge fund manager George Soros criticised Indian Prime Minister Narendra Modi and his policies, particularly those related to Hindu nationalism and actions in Kashmir.

You might also like

JioBlackRock’s Blockbuster Entry: ₹17,800 Cr Raised in Maiden NFO

InPrime Finserv Raises ₹50 Cr to Power Credit Access for India’s Emerging Middle Class

WiseLife Raises ₹8 Crore from Rukam Capital to Become India’s Go-To Yoga Brand

Soros suggested that Modi’s handling of the Adani Group shares turmoil will lead to increased scrutiny from foreign investors and parliament, thereby weakening Modi’s stranglehold on India’s federal government and creating an opportunity for much-needed institutional reforms.

George Soros Eyes Indian Stock Market for Big Shorting Play
source: cnbc.com

Soros, a self-proclaimed advocate for democracy, has been known to fund various political movements in Europe and the former Soviet republics. He has backed several Democratic Party presidential candidates in the United States with millions of dollars. Despite his philanthropic efforts, Soros has been accused of causing economic collapses by betting against currencies, and his activities in India could also be driven by financial gain.

It remains to be seen whether his involvement will significantly impact India’s political landscape. Still, his remarks highlight the concerns of some foreign investors regarding the country’s governance and stability.

George Soros, known for his philanthropic work and political activism, has been the largest financial contributor to the Democratic Party in American history. He has supported the campaigns of Barack Obama, Hillary Clinton, and Joe Biden, providing millions of dollars in funding.

His actions align with his words, as he has donated over $32 billion to his Open Society Foundations, a philanthropic organisation that focuses on human rights, democracy, and other global issues. According to Forbes magazine, as of March 2021, his net worth was estimated at $8.6 billion.

What is the Socioeconomic history of George Soros?

It wouldn’t be surprising if George Soros, who has a history of breaking laws, was responsible for short-selling Adani group shares through his many opaque investment companies. Although this practice may not be illegal, Soros has a record of breaking laws, including insider trading and unlawful manipulation of share prices.

Additionally, he was convicted in Hong Kong for “naked” short selling. Despite his questionable past, Soros is a man who lacks any sense of guilt or remorse. As a teenager, he accompanied a Nazi official in confiscating the property of Jews during the Holocaust, but he claims to feel no remorse for his actions.

He has a history of supporting causes he believes in, such as the legalisation of marijuana, and he may be planning to short the Indian stock market. However, India is the world’s fastest-growing major economy, and Prime Minister Modi enjoys high approval ratings, making it difficult for Soros to succeed in his efforts.

Tags: #bear_market#economicgrowth#George Soros#InvestementsIndian Stock MarketPrime Minister Narendra ModiShort sellers
Tweet54SendShare15
Previous Post

How to Beat Dugbogs in Hogwarts Legacy

Next Post

How to Rescue a Phoenix in Hogwarts Legacy

Indrajeet Giram

📚 Avid reader 🔋constant learner curious analyzer @ everything 📝Business & Economic Journalist ✍️

Recommended For You

JioBlackRock’s Blockbuster Entry: ₹17,800 Cr Raised in Maiden NFO

by Ishaan Negi
July 7, 2025
0
JioBlackRock’s Blockbuster Entry: ₹17,800 Cr Raised in Maiden NFO

In a landmark debut that’s already reshaping India’s asset management landscape, JioBlackRock Asset Management has stormed into the top league by raising over ₹17,800 crore (~$2.1 billion) in...

Read more

InPrime Finserv Raises ₹50 Cr to Power Credit Access for India’s Emerging Middle Class

by Ishaan Negi
July 7, 2025
0
InPrime Finserv Raises ₹50 Cr to Power Credit Access for India’s Emerging Middle Class

In a major boost for financial inclusion, InPrime Finserv — a tech-enabled NBFC — has raised ₹50 crore ($6.02 million) in its Series A1 funding round. The round...

Read more

WiseLife Raises ₹8 Crore from Rukam Capital to Become India’s Go-To Yoga Brand

by Ishaan Negi
July 7, 2025
0
WiseLife Raises ₹8 Crore from Rukam Capital to Become India’s Go-To Yoga Brand

From Shark Tank fame to wellness fame — WiseLife gears up for its next big leap. Image Credits: Startup Talky News From Tank to Triumph: WiseLife’s Bold New...

Read more
Next Post
How to Rescue a Phoenix in Hogwarts Legacy

How to Rescue a Phoenix in Hogwarts Legacy

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?