I have purchased 10 shares of Steel Authority yesterday.
As a honest citizen I am concerned at any fallout as I do not want others to get hurt.
Please advise me whether my purchase will result in any huge swing in Sensex and NSE Index. A major increase will make small investors think that the market is very buoyant and will unnecessarily tempt them to invest heavily.
Also , I am concerned whether the share price of SAIL will get affected. A huge swing will affect all day traders.
Further I want to know if my purchase will create shortage of floating stock in the market. This will deprive many investors of this stock and I don't want to do it.
Lastly, Damu, can you tell me whether I should disclose this purchase in the national newspapers so that undue speculation in this counter because of my purchase is avoided. I don't want genuine people to suffer, you know.
