Thursday, December 09, 2010

Rallies and Manipulations

As a matter of fact we have to co-relate the Political rallies and the STOCK-MARKET  Rallies both are SPONSORED.We normally accept the first one which we see and was so indulged in our life that they are there and they have to be.
The second one we consider as sacrosanct and may people believe that the economy is driving the markets up or down ignoring or giving less importance to sponsorship.I too accept that the good economy drives the market but it won't derive RALLIES IN DUDS.
The facet of the market is always hidden and specially decorated to attract.......

All Rallies demand "MONEY" to make it happen and Manipulations manifest when money is "PLACED".

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IB report spooks markets; small, midcaps take a hit
BS Reporter / Mumbai December 9, 2010, 0:05 IST

BSE smallcap index has lost 7.5% in one week
The share prices of many small and mid-cap companies are sliding in anticipation of a crackdown by regulators on stock market operators named in an alleged Intelligence Bureau (IB) report.
The report has been in circulation in the markets for nearly a week. Stocks in the Bombay Stock Exchange (BSE) small-cap index that have fallen a little over 45 per cent over this period include Parekh Aluminex, Midfield Industries and Comfort Intech. In the BSE mid-cap index, Ruchi Soya, K S Oil and Shree Ashtavinayak have fallen around 26 per cent.
During the period, the BSE smallcap index has fallen 7.5 per cent while the BSE midcap index has lost 4.8 per cent.
The report, dated September 20, and said to be prepared by outgoing IB chief Rajiv Mathur, apparently named stock market operators like Ketan Parekh, Vimal Rathod, Sanjay Dangi, Raju Barter, Ashok Poddar, Manish Marwah, Dinesh Singhania, Raj Agarwal and C Sivasankaran, the last a non-resident Indian.


As usual Thanks to BS.

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