Scrips that go to MWPL is an indication that prices are manipulated, rigged and unfair trade practices either directly by the management or management encouraging operators keeping blind eye by not interfering. There's no reason why a stock like canbk, pnb, sail would go into mwpl when majority stake is held by GoI and long only funds. Unless otherwise the operators are assured that GoI or the management of hese banks won't interfere to regularise the anamoly - operators won't dare to test the mwpl with 5% of retail free float. Be extremely careful whenever you get exchange message that a scrip ilhas reached 70% of mwpl and desist from entering any fresh trade.

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