The duty of the govt should be to ensure transparency and rule of law. If anyone breaks the law, there should be immediate recourse for punitive action.
That said, stock market is for the long term. People who take short term risks ahould have a long look at the mirror, before blaming others. Please do not go by rumours and always stick to blue chips to avoid suicidal thoughts from recurring! If we are reckless, we will soon start hating everybody including ourselves.
There should be a proper code of conduct for anybody to make comments. Leave the markets alone and concentrate on making it transparent and efficient. Any change of rules of the game should be implemented after giving sufficient notice.
Above all the regulations should not be left to the vagaries of politics. I know it is a tough call. The highest law in India is said to be the son-in-law!
No Great knoledge is required to say FM has insider information. If you say it is unfair, Good they will make it Fair, By saying we folow market closely minute by minute! That is all. Great India Majic!
The investors who lost MONEY now blame FM. They think if they corner FM for these downfall, then FM will do something to bring the market to 20,000!!!!! That time the present loser who shout at FM will forget everything and go back to invest and make money. WHY NO ONE SHOUTED WHEN THE MARKET IS ENJOYING JOY RIDE????
This irritating IBM message comes on top of rediff news and it is not posssible to remove it and not possible to read under it. Can u pl get rid of it? IBM of all people doing this!!!!!
RE:Don't gamble !
by killer instinct on Oct 19, 2007 05:41 AM Permalink
it's ok if small investor benefitted from this crashed but if corrupted politician have than it is bad for the country
We have an FM who is, perhaps, the most corrupted person our country has ever seen! Why not the concerned authorities conduct an enquiry about this IAS turned billionaire politician. He is selling this country and making the small investors bankrupt.
RE:Most Corrupted FM country has ever seen
by Rajbir Bondwal on Oct 19, 2007 07:00 AM Permalink
1. If the market behaves in this way, what for the the regulators are occupying Govt. chairs? 2. If the FM himself is in the dock, who other than PM himself has authority to look into and convince the nation that the faith of unsuspecting investors is not being taken for a ride. 3. The PM should reconsider his quote 'Caesar's wife should be above suspicion.'
Both PM and FM are Pure stupid. They donot know basic of ecomonics and know how to do "chatu-giri", slavery. What these duo are doing, in near future India will have a very tough time to survive and economy will definitely crash to a miserable stage.
Sub ke sab corrupt hein.they are looting the country in connivance with foreign capitalists.In fact money of dmall investors and financial institutions is going out country.Also balck money is being laundered. It also exposes india's tall claims of great economy.we stand no where in global inancial market size and world trade.We are pea nuts.if 25% of FIIs withdraw money or hold back from market,our share markets fall like house of cards.It has happened in past too. How any sensex can rise so much and so also property?Who are these guys ?What this FM and entire team of regulators and intelligence agencies are doing?The common people are beuing fooled and crushed form all sides and looted in name of India shining,india super power(pauper?)and liberalisatiopn as vehicle of Niravana. As jokinf remarked in movie corporate, indians are trully liberated in corruption and cinsopiracy.Politcians,busines houses,foreign cpaitalist playing here and entire bureaucratic set up.That is rotten ,shamelss,unproductive,misbehaved and corrupt.people should, ask questions how all the prices are going so much up.is not it funny that indian rupee is heavily getting devalued in the vcountry and appreciating outside the country?is not something really stupid and dangerous going on?
RE:Nothing will come out of enquiries! All are involved in loot
by no body on Oct 19, 2007 07:13 AM Permalink
professor gupta, is this what you teach your students, negative attitude, whining, pessimism and cynicism. I pity your students.
RE:Nothing will come out of enquiries! All are involved in loot
by Dinesh Shukla on Oct 20, 2007 03:31 PM Permalink
If FM behaves like a stock broker and price rise remains unabatted (Dr. Manmohan Singh says "inflation within tolerable limit" - please ask commonman if price rise is it within tolerable limit? ) the every people, whether professor or else, becomes the victim of negative attitude.
FM's own interest in Stock market and his personal investments directly or indirectly must also be investigated. FM's own investment in Real Estate and in other instruments for the last 10-15 years must be brought to the pubic to tell the public what type of FM we have.
