iCharts Discussions

[vivek999]

FII vs Mutual-Funds

Between 15000 and 16000, FII bought shares worth Rs 7307 while Indian mutual funds bought only Rs 667 crores

When Sensex moved from 16000 to 18000, FII bought shares worth Rs 24,372.3 crores while mutual fund companies sold (net sales) Rs 2182.21 crores

Between 18000 and 19000, FII bought Rs 7378.2 worth shares while mutual funds sold (net sales) Rs 966.2 crores worth of shares

Finally, when Sensex jumped from 19000 to 20000, FII sold (net sales) Rs 1281.1 worth of shares while Indian mutual funds bought shares worth Rs 1515 crores.

[vivek999]

Prohibitting naked short selling??????

Fannie Mae fell $2.66, or 27 percent, to $7.07, and Freddie Mac fell $1.85, or 26 percent, to $5.26. Treasury Secretary Henry Paulson said that if the government extends financial backing to the two institutions, it will be done "under terms and conditions that protect the U.S. taxpayer."

In a bid to protect Fannie Mae and Freddie Mac, Securities and Exchange Commission Chairman Christopher Cox said to Congress Tuesday that the SEC will broaden existing rules prohibiting naked short selling of banks and broker dealers.

Short-selling is a type of speculation, where a trader sells securities he doesn't own; essentially, it's a bet that a stock will fall. Naked short-selling is when a trader makes such a bet without arranging to borrow the stock first.


My view:
In 2007, when the stocks were making exponential upsides, why did SEC not think of broadening rules to prohibit naked Long Buying?

I don't think prohibitting naked short selling will help.