MUMBAI: The phone in the dealing room rang just as Rohan Chawla had finished briefing his colleague. It was about a buy order from an overseas client for 10 lakh shares of Steel Authority of India (SAIL) to be executed at a particular price. Mr Chawla (name changed), who heads the equity sales team at one of the reputed institutional stock broking firms, was impassive as he took the call. Nobody could have guessed that he had been expecting the call. There were 10 minutes still left for the day’s trading session to begin.
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Monday, October 8, 2007
Code words: It's a secret society at work on Dalal Street
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