Hindenburg may have been closed as it was operating in a grey zone: Ajay Bagga, Market Veteran

Hindenburg Research, known for its controversial short-selling practices, has ceased operations, sparking questions about its market impact and legality. Market expert Ajay Bagga suggests financial unviability and potential regulatory actions as reasons for the closure. Hindenburg's aggressive tactics, criticized as predatory, have raised concerns about market integrity and ethical boundaries in short selling.