This statement is a crap- "What we would like to know from the FM is that at 10.30 am, when trading was suspended due to circuit breaker, how did he come to know that FIIs were buying shares? Were FIIs buying in the grey market of which the FM had knowledge? Or is it that the FM authorised and sensitised the grey market operation?" FII's were buying didn't mean that they were buying after lower circuit. If FM said investors are buying that doesn't mean that retail investors were buying when the market was shut. U completely got it wrong gentleman may be bacause you ended up selling your share at circuit. Don't take the personal grudge. So think before you complain about FM's comment.
RE:What a foolish observation
by Surya Hebbar on Oct 18, 2007 08:35 PM Permalink
The statement made by Mr.Somaiya is not a crap and the bobby wants to know from FM about the buying shares when NSE and BSE suspended trading due to both hit the lower circuit in a matter of seconds when market opened.Bobby have not understood the gravity of the statement made by Mr.somaiya and wants to know from FM when he is nobody.If he was the intelligence and the academic qualifications he should sue the FM as Mr.Somaiya has declaired or follow him as thousands fo small invester like him has incurred loss.Nothing happens just to post the reply.