We ,citizen of india should not blame or criticise FINANCE MINISTER OR SEBI but it is the market operators who are to be blamed. sebi&finance ministry should conduct an INVESTIGATION FOR the reason of CRASH.
RE:Market Crash
by ManiKanda Prabu on Oct 18, 2007 08:05 PM Permalink
R u slept yesterday, haven't know the story, who made the crash and made the market sustained to some extent.
all these guys are hand in glove..i agree with Kirit...they could have timed there statements better..when the markets are down despite good fundementals what do they do to take it up.They have no right to bring it down if there is good money coming from abroad and why should the small investor bear the brunt of deficiencies in their policies that they have made in the past.
completly agree with kirit i have seen my clients losing lakhs ......it was highly irresponsible behavior on the part of both FM and SEBI .......i m sure if we investigate chidambaram and damodaram and co .....they sure have made millions .......
RE:hail! kirit somaiya
by Sunny Sunil on Oct 18, 2007 06:20 PM Permalink
The same was the case in 1999 / 2000 when HE was boss of UTI. Even Unit US 64 collapsed. But HE got scottfree.
RE:hail! kirit somaiya
by Yuppie Indian on Oct 18, 2007 06:30 PM Permalink
We all must remember "What goes up must come down" The faster it goes up the soon it will crash..
Nobody is concerned about small Indian investor any more. The dollar has been allowed to depreciate vis a vis rupee to the extent of 13/15%. The foreign FIIs who brought dollar at 43-44 rupees are immediate gainers as the dollar is now 39-40 rupees. It is at the cost of exports. The present government is interested in foreigners and not aam aadmi.
