Get started

India

In market there are no coincidences & insider trading is rampantReliance Chronology of Insider Trading August 07, 2019 Wednesday: On it made its low and closed around 1110, August 08, 2019 Thursday: Reliance Gains 4% (13M vol) ~1500Cr @ median price of day August 09, 2019 Friday: Reliance Gains ~1% (10M vol) ~1100Cr @ median price of day August 10, 2019 Saturday: Market Remain Closed August 11, 2019 Sunday: Market Remain Closed August 12, 2019, Monday (Bakarid Holiday): RIL Annual General Meeting was held | Market Remain Closed Bakarid Holiday www.timesnownews.com Highlights of AGM can be seen at Reliance AGM 2019 Key Announcements | The Quint www.youtube.com www.financialexpress.com August 13, 2019 Tuesday: Markets open with a gap of 6% and the stock gains ~10% in a day (47Millon volume in a day) total ~70M Volume in 3 trading days making it about 8,400cr Buying volume. August 14, 2019 Wednesday : ~1.5% Down with same (13-14M vol) ~1800Cr @1294 median price of day August 15, 2019 Thursday: National Holiday August 16, 2019 Friday: ~1.5% Down with same (10M vol) ~1280Cr @1285 median price of day So who ever had the insider information gained about ~500cr in 4 trading days or a week August 17, 2019 Saturday: Market Remain Closed August 18, 2019 Sunday: Market Remain Closed == Media Hears the News === Aug 19, 2019 | Source: PTI RIL shares have gained ground since the announcement of a host of investor-friendly proposals at its annual general meeting held early last week. www.moneycontrol.com I am starting to believe that in market there are no coincidences & insider trading is rampant Well i can be wrong who am i a nobody.
NSE:RELIANCE
by jatingera
Indian gold marketGold prices increased on Friday. The price of spot gold increased by 0.2% to $1.525 per ounce. It is an exciting fact that gold prices increased by 2% this week. Also, another good news for investors is that gold prices are rising for a third week in a row. U.S. gold futures increased by 0.3% to $1,535 an ounce. Higher gold prices boosted the demand for this precious metal in India. It is worth mentioning that India is the second biggest gold consumer in the world. Based on the latest data, gold imports decreased by 42% to $1.71 billion in July. According to the local jewelers, the supply of the scrap gold increased as costumers are willing to sell them due to the higher prices. Another reason is that the national currency’s exchange rate also helped to drive the gold prices higher in India. The price of rupee fell below 71.21 against the U.S. dollar. More @ Finance Brokerage
TVC:GOLDShort
by Financebroker