Mukesh Ambani Behind The Stock Market Crash??
I came across this blog http://rilfraud.blogspot.com
Is Mukesh Ambani behind the Stock Market CRASH and also the hammering of the Reliance Power stock ??
Would he be charged by SEBI?
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Many says he is behind the scam but do you think these people have time for this. Not only anil ambani but reliance industries also got hit by this.
The sentiment was wrong in the market as sellers where much higher than buyers and media created negative sentiment in the market
There are many technical issues which market has, e.g. if somebody has bulk monvey in hundred of Cr. he can control the market in his favor.
SEBI can only find the technical problem or the illegeal matters which has proof thus if the ambani is behind it , it wont be possible to find
possible due to sibling rivalry and overzealous friends
Very interesting link. Must be possible Mukesh Ambani can be behind the stock market crash which can be a result of rivalry. More interestingly there are names of people mentioned here which shows so much detail thus there has to be some truth behind all this and it must be investigated (in public interest).
There is also a mention of other frauds by the reliance industries here. I wonder what are the regulatory authorities doing about all this.
Please stop blaming any one for the crash of stock market in India India is no more isolated from world economies. please look at all the market globally and they have had fall bigger then India.This is due to US going into recession.As far as reliance power is concerned it was issued at a very high price today it is over valued as compared to the other power player like tata power,NTPC etc.Mr Anil Ambani is playing all sort of gimmick to raise the price by issue of bonus from share premium account but this wont help. Rel pow should settle EX bonus between250-300 If you are a shareholder you need to blame yourself for the investment decision as market over all at 21000 was over valued and was due for major correction.pppjain@gmail.com
Leave Mr.Ambani, people were even blaming the Big Bull which was installed in front of the BSE stock exchange. The bronze bull was installed on January 11th, 2008. Lot of investors started complaining that the stock market started crashing only after the installation of the big bull and they wanted the big bull to be removed from there immediately. Ofcourse, this was not implemented. So it is clear that when things go wrong, people point others instead of finding out the real cause. The stock market crash is not only in India, it is across the global. I got this bull story from http://www.stockbulls.info .