Day Trading Stocks & Futures

siddhant4u

Well-Unknown Member
after watching Scan 1992 tv series, looks like current mkt run is also scam :p specially the mention of Reliance and Kolkata cartel :D

to those, not aware, RIL came up with rights issue and Dhirubhai pumped stock so as everyone subscribe. Kolkata bear cartel shorted RIL by borrowing stocks (which without them knowing were supplied by Dhirubhai himself). NRIs from middle east bought all these stocks (around 800,000 stocks) After 14 days, settlement period came and shorter needed to repay in stock Or pay interest/fix amt so they had to buy it back from mkt propelling the stock further...
 

sridhga

Well-Known Member
after watching Scan 1992 tv series, looks like current mkt run is also scam :p specially the mention of Reliance and Kolkata cartel :D

to those, not aware, RIL came up with rights issue and Dhirubhai pumped stock so as everyone subscribe. Kolkata bear cartel shorted RIL by borrowing stocks (which without them knowing were supplied by Dhirubhai himself). NRIs from middle east bought all these stocks (around 800,000 stocks) After 14 days, settlement period came and shorter needed to repay in stock Or pay interest/fix amt so they had to buy it back from mkt propelling the stock further...

I read about this story.
On which channel are they showing this?
 

Similar threads