Is BSE, NSE .. the Indian Stock Markets A Shady Scam?
Take a look at What value Of Adani Enterprises , BSEindia website Is putting up now.
Rs 1320.35, down 15.62%. Looks OK right? WRONG.
Reality is Adani Enterprise stock had hit "Lower Circuit" multiple times today and last time trading was halted, Adani was trading Rs.1017. That information comes from BSE's notification:
So the headline price was incorrect.. and it was rigged 30% up from market discovered low of Rs. 1017. How do we know that this stock didn't jump 30% up.. well, such a jump would violate "upper circuit" and that too would have been notified in this list.
After all, face-saving is also an art. Shamelessly putting up high price tags of Adani shares is a Scam.
And now BSE allowing 10, 5, 25 shares to be sold .. well above 1400.
In all probability, its one Adani shell company selling to another via BSE.
And BSE India is guilty of running that scam. if BSE and NSE are not a larger scam themselves.
