Cheating activities at Bombay Stock Exchange ??

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  #1  
Old 9th June 2006, 10:43 AM
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Join Date: Aug 2005
Location: India
Posts: 122
mail2joshi is on a distinguished road
Default Cheating activities at Bombay Stock Exchange ??



Sorry for posting this but just want to have the experts view on it.
I request the Traderji, if he founds this as spam please delete the thread in the first way rather than creating rumour.
I got it from some of the newsgroup where I disagree and believe in SEBI for tracking down such frauds.

Many Thanks
sjoshi

---------------------------

The present bear phase is artificially created by
the BSE by its mischief activities. the Sensex was
closed on 5 June at 10213.48 but it opened on 6 June
at 10087.96. It closed on 6 June at 9957.32 but it
opened on 7 June at 9919.28. Similarly on 7 June it
closed at 9756.76 but it opened on 8 June 9664.90.
why? whether trading terminals of BSE remains open
overnight.
If we presume that at the close the sensex is
finalilized at the average of last half hour trade and
then it is displayed at 3.40 PM, then it is also done
at NSE. but why there remains significant diffrence in
closing and opening in case of BSE only. why it does
not remain significant in case of NSE.
Normaly NSE opens 5 miniuts later than the BSE
and the impact of BSE directly reflect on the trend of
NSE.
Hence it is clear that any persion who has bought
on the previous day at higher level and next day he
finds that market has opened lower then he has no
alternate except to sell and the Future traders always
remains in fear hence they first starts selling and
for meeting their margin/loss they start selling the
Cash Scrips and that day becomes bearish
Thus it is clear that this mandi (bearishness) is
being created by the BSE.
It means at BSE level all the trades happend
during the night are also included in the computer
accounts of BSE during night itself. thus BSE has
given recognition to curve trading.
Now what SEBI is doing. they are silent
sepectator. they are not regulating any thing. thus
for this bear phase the Govt, SEBI and BSE all are
responsible.
Ultimately who is sufferer. the speculators have
done their job in the night and general publish
suffers who is not allowed to trade during night.


------------------------

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  #2  
Old 9th June 2006, 10:44 AM
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Join Date: Aug 2005
Location: India
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mail2joshi is on a distinguished road
Default Re: Cheating activities at Bombay Stock Exchange ??

Please read line as ::
I request the Traderji, if he finds this as spam please delete the thread in the first way. I dont want my thread to create rumour

Sorry for typo.

Regards
sjoshi

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