Okay so Modi just landed in Rome and gifted Meloni a packet of Melody toffees and Meloni posted a video saying “a very very good toffee — Melody”
#Melodi is all over twitter right now and this (obviously) had to affect the stock market (don’t worry, in a good way)
Retail investors and traders on Dalal Street reacted to the resulting “social media frenzy” and nostalgic discussions surrounding the brand “Parle” “Melody” and shares of Parle Industries rose 5% right after this.
BUT here’s the catch 
Parle Industries is a real estate company and has literally nothing to do with Melody. THAT’S Parle Products, which isn’t even listed on the stock market 
Someone saw “Parle” Melody in the headline, didn’t read past that, and bought shares of “Parle industries”. then a few more people jumped in without checking why. that’s literally what happened.
We love us some irrational market, don’t we?
Also thinking about that one quant with a full short thesis on Parle Industries who woke up to a 5% spike and is just staring at the screen as we speak. Feel you man.