Too many speculators in Shankara Buildcon, D-Mart? The newly-listed Shankara Building Products and Avenue Supermarts, which operates D-Mart, seem to have become the latest favourite of day traders. Market players say that a high amount of speculative activity is taking place in both stocks. If one goes by delivery data, Shankara and D-Mart have seen meagre deliveries of under 12 per cent in the past three trading sessions, implying that people are squaring off most of the trades intra-day. In comparison, Reliance Industries, which too has become a market favourite in the past few ...
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