Inquiry about the Cipla trade

[Nitin Bhatia]

Dear sir,

As we all know that previous month you shared about the chacha bhatija activity in Cipla and Sunpharma stock. And the stocks performed excruciatingly well. And as on April 15th 2020 fortnight data, they invested 19646 Crores in Pharmaceuticals stocks. My question to you is who knew this activity way before anyone else? Is there a chance that the chacha bhatija were none other than FPIS???

Thankyou.

[Nitin Bhatia]

What I can answer is those are Market Makers, or Institutions.

Market Makers are some authorised to maintain liquidity in Market, they can also take directional trades or Institutions having some Insider Informations. Lets wait for sir to answer.

[Nitin Bhatia]

Just to add to the comment of @hanugoel98 Big players are decision makers and they know what they are up to. FII’s can be Chacha Bhatija.

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