Hey there.

Sensex lost its value by more than 2000 points since budget day. Fear is all over the market. Corrections are healthy for the market to have an appropriate valuation.

Today (6th of Feb), Sensex is down by 561 points. Advance decline ratio is 0.2 i.e. For every 1 advanced stock, 5 stocks declined and I would like to draw your attention towards these 2 stocks:

• JHS Svendgaard Laboratories Limited (Up 5.4%)

• Shaily Engineering Plastics Limited (Up 11.9%)

Both of these stocks were opened red (below previous close price) but eventually recovered and closed above previous closing price (Up 5.4% and 11.9% resp.) as stated in such a bearish market.

What may be the reason? Why are these 2 stocks are high even when other stocks are struggling hard to even cross the red mark?

BSE Notifier users have already know the reason as they received the bulk deal alert email on Monday (5th of Feb).

Ashish Kacholia (the ace investor) bought 2,95,000 shares of Shaily Engineering Plastics Ltd at INR 963. Check out BSE bulk deal.

Nikhil Vora (the former Paytm Investor) bought 15,00,000 shares of JHS Svendgaard Laboratories Limited at INR 62. The company serves some of Patanjali products. Check out the NSE bulk deal.

These investors become greedy when the market is fearful and took the benefit of recent drop picking up huge quantity in their preferred stocks. A good trait of value investors.

Tracking bulk and block deals were never been that easy before. BSE Notifier notifies users about bulk/block deals on daily basis. In addition to that, you can also track corporate announcements and shareholding pattern

Thank you, as always, for reading.
BSEN Team