Sunday, September 13, 2009

>What information does INSIDE TRADING give?

Hi Friends,
Thought of writing a small post on INSIDE TRADING as ,I received few comments
and mails regarding the daily post of INSIDE TRADING .

SEBI over the years have improved trading Infrastructure as well as have taken stringent steps
to stop any manipulation, Price rigging etc .INSIDE TRADING Disclosures is one such step which Tracks the holding of Listed company insiders (Directors, CEO ,employees etc)
Also to track large block deals SEBI has got another Disclosure list Substantial Acquisition of Shares and Takeovers.

Here in the blog I post a list of buy and sells on a daily basis which is sourced from BSE website
which give information about buys and sells about respective companies on any given day.
Also whenever a large chunk of shares change hands it can be seen through this list For example
Recently LIC bought large chunk of shares of syndicate bank on 3rd september which can be seen through the INSIDE TRADING Dated sep 11th .

It can be specially tracked by the following link date wise
INSIDE TRADING

Regards
Rish
RESEARCH REPORTS

8 comments:

Achin Jain said...

That is the just the holding of the promoter of the company of MFs.. the cross holding don't get tracked I assume. Like promoter of company A buys in large chunk of company B shares.

But what is the inbuilt notion that one gets by tracking such trades! Many of the time they are late trades too !

Rish said...

Yeah Achin you are somewhat true but a FUND like LIC never buys for few days or weeks it does give confidence about the company ability + of course at time show about market sentiments:)Asfar as late trades shown thats one debatable topic why SEBI shows a trade which was done 5 days bk today..

Achin Jain said...

LIC - yes but that is for investors (passive play).. don't think it would interest traders like you .. also one would check the levels to enter from charts and not company books.

Rish said...

True but these buying selling at a particular point says many things and of course it does help in decision making for trader as well as investor..though it may not help trader to a large extent but for investor it does.

Anonymous said...

Investor can directly go to BSE Site. Why to replicate the same information of regular basis ?

Rish said...

Nice question that's because in BSE website insider trading information is not archived so if you require older date information its not available so stacking that up is a wise idea:) hope this answered your query

Anonymous said...

have you tried using any company database like the one provided by c-line, prowess or the new one by accord fintech? they claim to provide a lot of data both stock specific as well as company specific. but all of them charge a lot. are they just compiling data from free website like nse, bse on a daily basis and 'pushing' it in their product for a hefty price??

Rish said...

Have never tried them,It need to be checked what all data they are giving only after that we can decide on them.

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