BSE NSE Stock Ticker

Thursday, November 5, 2009

----Some news regarding market:------Heard on the Street::Yesterday the Sell-off in India Bulls stocks and Sterlite was triggered due to the position unwinding by the group of the former Chief Minister of Jharkhand, Mr. Madhu Koda who is accused by the Income Tax dept last weekend. These groups are undergoing investigation by various agencies and the big sell off in India Bulls stocks (avg 15%) is pointing towards some connection to this case. There are rumors that the investigation is also regarding the allocation of various mines to companies like Sterlite, Sesa goa(both down 6% yesterday) etc in Jharkhand.So trade with caution in this stocks.

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