India is not investor friendly. It is very much evident from the lack of interest in stock market shown by average investors. All low strata investors including pensioners who invested in stock market lost their money.
More hopeless is the bank shares. All bank shares are at their bottom still people fear to invest in them on the assumption that the banks are tending to extinction. The BSE share index 26700 is a manipulated one to hoodwink the investors. BSE often change the index shares to keep this number always projected and if the index is calculated now on the basis of index shares of ten or fifteen years back it will be below10000.
The hope that investors had when Narendra Modi sworn in as PM of India does not exist now.
K A Solaman
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