Stocks: Why Are They Selling? ; As Stock Prices of Most Firms Rose Post the Lok Sabha Results in May, Market Players Kept Their Eyes On the Rising Numbers and Inflows of Funds From Fiis.

Business TodayJuly 21, 2009

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Summary


As stock prices of most firms rose post the Lok Sabha results in May, market players kept their eyes on the rising numbers and inflows of funds from FIIs. What they may have overlooked was the sale of their holdings by top executives of various companies, also called insiders.

Those who sold off holdings included L & T's A M Naik, HDFC's Deepak Parekh and Renu Sud Karnad, K. Anji Reddy of Dr Reddy's and Apollo Hospitals' Prathap C. Reddy.

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Stocks: Why Are They Selling? ; As Stock Prices of Most Firms Rose Post the Lok Sabha Results in May, Market Players Kept Their Eyes On the Rising Numbers and Inflows of Funds From Fiis.

This is by no means an unim...

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