For all who think that the stock market is the place for earning an honest living, here’s an article. SEBI has accused RIL of rigging the stock price of RPL.
This doesn’t come as a shock, even though it’s from the highest echelon of this corporatocracy-cum-thugocracy called India
everythins is rigged. Stock prices are rigged, football goals are rigged, cricket matches are rigged, horse races are rigged, parliament is rigged. The earth itself is rigged around the sun. But thats how the world flows. So better make the best of it.
The prices are rigged upwards by RIL. but there were investors at much lesser level. So i think they could have got out of that particular stock and booked profits. This has to be done in the mentioned company scripts as we cannot trust people with a slogan, “kar loo duniya muthi me(take the world in your fist).