Who benefits by TODAY's big fall in Indian Stock Markets ?

This author has found convincing evidence(s)of misgovernance,
as stated in the earlier post and here is "an expose" :

That the share indices were taken to frightening NEW HIGHs in
the recent rally is no secret.
Also, as may be known to some individual investors, the short
sale of shares - if left uncovered - results in "auction" of
the scrips, usually resulting in a LOSS due to the difference
in the rates during the auction which takes place on T+3 day.

However, this week, short sales dated 15-1-2008(tuesday)which
were not delivered on 17-1-2008(thursday)& went under auction
on 18-1-2008(friday) would have resulted in HUGE PROFITS for
the short sellers !!

Will NSE / BSE / SEBI care to divulge this information to the
public / media about who the short sellers on 15-1-2008 were &
which scrips were short sold (with quantity & rates please)?
That is - if they ever did care to "INVESTIGATE" such events !

With the short selling proposed to be "officially" allowed via
an administered mechanism in the near future, such volatility
in the Indian stock-markets is bound to become even more of a
regular affair BECAUSE the watchdog SEBI is NOT equipped with
the expertise required to stamp out such malpractices.

me@sanjeevsuri.ws