Bulk Deals-Why does this happen?

#1
:confused: Look at this bulk deal:
Client----------------------------Trade Type--Qty----------Rate
MAYROSE CAPFIN PVT LTD--------BUY---------58000--------216.74
MAYROSE CAPFIN PVT LTD--------SELL-------- 58000--------212.22

The question is, why would a company buy and sell to itself?

This question has been standing for quite some time for me!
Someone please help!:confused: :confused:
 
#5
inxsofme said:
Hi,

Yes manoj you are right, but it is not confirmed whether this is a propritory or this is done for a client.

Cheers
Thanks so much.

How come I did not think about it? Guess I am new thats why!
Exeprience speaks!

Thanks again.
 
#6
:confused: Look at this bulk deal:
Client----------------------------Trade Type--Qty----------Rate
MAYROSE CAPFIN PVT LTD--------BUY---------58000--------216.74
MAYROSE CAPFIN PVT LTD--------SELL-------- 58000--------212.22

The question is, why would a company buy and sell to itself?

This question has been standing for quite some time for me!
Someone please help!:confused: :confused:
After buying the stocks at 216, trader cud have felt the price might go down. Instead of making big loss, he wud have booked at less loss. Seniors pls clarify.
 

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