I think our index is easier to manipulate...! the weak stocks get kicked out and only a basket of strong stocks are kept in the index. It gives a false sense of direction while the broader market bleeds.
Operators find it easy to hold few stocks and sucker the retail into false sense of ALL-IZ-WELL...!
I would say that these are all make believe stories. The people who have the money to manipulate the markets surely have good systems. Then why try and put huge funds to manipulate? In any case, if you are manipulating, putting up several hundred crores, and some fii decides to sell, you either need a few hundred crores more to prop up the mkt, or you buckle and let it fold.
All make believe stories, in my opinion. In todays electronic markets, no one entity can control the market, at least not most of the time.
These stories are cooked up at the end of the day to justify a loosing day or a loosing trade by people whose psychology is not strong enough to take the blame on themselves or their systems.
The markets were manipulated today. Dow futures fell while I was long. The market makers just picked my stop before the markets took off in my direction. All such reasons are excuses for not wanting to go deeper into your own self.
Just my 2 trillion cents