Thursday, December 18, 2008

Satyam's Shares fall - keeps traders busy churning strategies

Satyam's Shares fall - keeps traders busy churning strategies

Satyam Computer was the centre of action on bourses on Wednesday, with traders churning out trading strategies to profit from the sharp dip Tackling volatile mkts in the stock. While many traders made money by simply creating short positions in Satyam futures, a handful of arbitrageurs managed to eke out profits from the price differential in spot and futures markets during the session.

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