THE BULL SPEAKS

INDIABULLS:-CAN ANYBODY TELL WHY THE FOREIGN BULLS ARE RUNNING BEHIND INDIABULLS?THE ANALYSTS SAY THERE IS NO FINANCIAL BACKUP BEHIND THE RALLY EXCEPT THE PROPERTY STORY,TECHNICALS ALSO DID,T INDICATE THE REASONS BEHIND IT. THERE WAS NO BIG NEWS ON IT .BUT SOMEHOW SOMEBODY GOT THE REASON & THAT IS:-

DATE BUYER QTY RATE
10/8/06 MORGAN STANLEY & CO 918911 285
23/8/06 MERRILL LYNCH CAPITAL MKT ESPA 1556229 286.50
29/8/06 -DO- 928581 295.50
30/8/06 -DO- 835000 306.50
11/9/06 -DO- 1400000 306.30
12/9/06 -DO- 2915278 342.25
14/9/06 CITIGROUP GLOBAL MARKETS 977520 370.80
20/9/6------------------do----------------1230000---397.75

***DUE TO THIS BUYING FII,S HOLDING INCREASED FROM 34.44% TO 39.39%