Hello,
I have been a long term holder of YES BANK(16 months), & MY secondary broker ICICI direct emails me on the bulk deals that are going on the stock that are currently in my portfolio.
So, Direct has been emailing me about the bulk deals of this company TOWER RESEARCH CAPITAL which is I guess trading YES BANK in bulk, But I don't really understand what's going on ?
This image shows their recent deals on yes bank stock.
So they are buying enormous amounts of shares & selling them with a difference of 3 paisa, 7 paisa ?
-- Is this profitable ?
-- What about their Brokerage ?
-- Who is buying from them these amount shares ? (Who are they selling these shares too?)
-- Are they actually driving the price low ?
-- Is it possible that they are doing this just to manipulate the share ?
I would be really grateful if you can help me find those answers & enlighten me.
Regards.
Akamai.
I have been a long term holder of YES BANK(16 months), & MY secondary broker ICICI direct emails me on the bulk deals that are going on the stock that are currently in my portfolio.
So, Direct has been emailing me about the bulk deals of this company TOWER RESEARCH CAPITAL which is I guess trading YES BANK in bulk, But I don't really understand what's going on ?
This image shows their recent deals on yes bank stock.
So they are buying enormous amounts of shares & selling them with a difference of 3 paisa, 7 paisa ?
-- Is this profitable ?
-- What about their Brokerage ?
-- Who is buying from them these amount shares ? (Who are they selling these shares too?)
-- Are they actually driving the price low ?
-- Is it possible that they are doing this just to manipulate the share ?
I would be really grateful if you can help me find those answers & enlighten me.
Regards.
Akamai.