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Shabbir is a developer in the field of Applications, web as well as database designing and is devoted to the optimization and usability of the code. Apart from doing some Share trading he maintains Programming forum and is a C++ addict.

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Arbitrage in FAME India

September 1st, 2009 • Related • Filed Under

Fame India is hitting upper circuits for few days and there exist an Arbitrage in Fame India.

Yesterday I Purchased Fame India when it was in upper circuit in NSE @ 27.60. I placed buy order in circuit and it took almost 2 hours for my order to be executed but it finally got executed in circuit.

Today the price of Fame India in NSE and BSE varies by 50 Paise and so it means that the amount of units purchased yesterday by me can be sold in NSE and repurchased in BSE again. This would give me some bucks but would not loose the shares in my account.

I would suggest before indulging into anything related read my disclaimer and also my brokerage plans are quite low for this arbitrage to work.

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