Reliance Power is offerng Bonus Shares. The ratio is expected to be 1 share against 3 shares held. The whole exercise is to bring positive vibes in market in order to help company raise money in other forthcoming issues.
The worst is over for the market. It will take few sessions before going up again. People who bought today stands a good chance of quick profits. Today was the day of bottom fishing and the mighty would benefit a lot.
Wait for few sessions and things gonna move up again. Good Luck!!!!!!