sebi and chidambaram had done a extemely wrong wrong thing,they should wait sensex to rose upto 25000 and then make these kind of decisions to moderate fiis inflows in the country.these powerfull people are entirely responsible for down fall in indian economy and growth.sebi must watch as we all know stock market is full of manipulations,some FIIS are not registered but we must let them to invest for our personal growth.when sensex reaches 25000 something then it is the right time to clampdown the p-notes regulations. chidambaram is so educated but he dont have the minimum business brain, hopeless to be a finance minister at that post.
RE:P--NOTES REGULATIONS
by Ritesh on Oct 19, 2007 02:12 PM Permalink
Trading in stocks is speculative. Just that market has tumbled down doesn't mean industries are not doing good or the downfall of indian economy. When sensex rises 3000 pts in just three weeks then in no way its linked to industry performance ... its pure speculation. Issue of P-note has been lying open since a long time. Meteoric rise of sensex just hasten the process of regularizing it.
