January 06, 2006

Freak Trade of Tulip Shares

Yesterday, there was a freak trade of Tulip IT Services at the BSE.

One deal saw 4,04,800 shares sold at 25 paise each against the average price of Rs 185 at the Bombay Stock Exchange, while the other saw 5,95,575 shares sold at Rs 100 each.

Data available through Telerate suggests that deals caused the seller a loss of Rs 12.69 crore in just 38 seconds.

More on this in Business Standard.

Truely Sensational Debut.. I must say!

2 comments:

Amit Gaur said...

wow ....... the great indian stock exchange ........ cant beleive that

Ranjith Diraviyam said...

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Ranjith.