Ensure transparency
by shiva on Oct 19, 2007 06:36 AM
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!
