If Adani crumbles will the Indian stock market take a >=20% hit? (see description)
14
38
290
resolved Jan 20
Resolved
NO

If Adani Enterprises falls bellow 1676 INR (ie >=60% from all time highs)
will iShares MSCI India ETF, INDA, fall bellow $33.224 (ie >=20% from today) in the 18 months following the Adani crash?

sry this is kind of a mounthful. please suggest if you have a better way of expressing essence of question (is india fucked if adani crashes, defaults on loans, etc)

Close date updated to 2023-12-31 11:59 pm

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📢Resolved to NO

@GeorgeVii Can you please resolve? Thanks

Adani fell, and is on it's way back up. INDA tougher at ~38 USD. I feel like the intent of the question has been answered and the market does not think India is screwed. Why are you holding out another 12 months?

predicted YES

Ok Adani has falled bellow 1676 INR.
So this is a conditional no longer.

sold Ṁ6 of YES

Wondering why INDA not moving with Adani destruction before realizing market not even open. Sleepy boi

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