Market expert Siddharth Kuanwala on Friday said the stock markets are expected to stabilise by next week when regulator Securities and Exchange Board of India (SEBI) comes out with a report on the fall experienced in the equities this week. "A scrutiny has already been initiated by SEBI. Let us wait for its report that will make it very clear what is what," the expert told ANI. Asked about the sweeping sell-off across stocks of the Adani Group triggered by a Hindenburg Research Report, he told ANI, "A foreign agency had submitted a report which says there were some manipulations and they have issues of debt levels of the group. And, they had taken a short position in the market."
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