Axis bank result changed course of share market

Axis Bank announced the fourth quarter results financial results the announcement came with the surprise of loss. Everyone including me expected the stock of the Axis Bank to go down but the share value of Axis Bank increased. Some of the share value share price in started moving upward tremendously. The shorters failed miserably and lost quite a lot of money. This was not expected in the share market. In the normal course of time when the results of a company bank or an organisation is not good the stock price goes down people wants to book the profit and by at the reduced price. With reference to the opening of the fraud in the Punjab National Bank, bank fraud started  engulping the other such banks. The ICICI Bank Chanda Kochhar, Axis Bank to expected the same result. The way how the stock price increased create suspicion about the operators. It creates doubts and make small scale investors to think twice about the investment investment of hard earned money. The way how the Axis Bank shares increased is also observed with PC Jewellers and RCOM Reliance Communication on 5th May 2018. It is to be noted that when Everything is against company how come the stock price could go have gone upward? Maybe insider trading to protect the promoters capital. With the advancement in the technology, numerous applications softwares and training institutes are available in the market along with the many so called financial research houses organisations.

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