Big Daddy's purchases on Wednesday failed to boost sentiment at the bourses yesterday. The market opened on a strong note yesterday as some short-sellers were caught on the wrong foot by Big Daddy's purchases. The fund is reported to have picked up small quantities of Reliance, SBI, MTNL, Punjab Tractor and ITC scrips, all amounting to nearly Rs 70 crore. However, in the absence of any follow up institutional purchases, stock prices failed to sustain at higher levels.
Unholy deals
The Holy Fund continues to dump stocks left, right and centre in order to tide over its redemption pressure. The latest casualty in its selling spree is
