No doubt, the equity growth in the country is abysmally low. The reason is not alone the lack of interest among investors but the sheer uncertainty prevailing in the market. Out of the 60000 plus company shares only 100 to 200 shares are traded in stock markets. Majority of the shares are in dormant state and some companies even do not exist. There is no check to control the fraudulent promoters of certain non-existing companies.
Unless and until some thing is done by the government to check investors' loss the stock market would continue as the foul play turf of foreign market players where the net losers are average Indian investors. It is time to make equity investment trustworthy.
K A Solaman
1 comment:
I agreed solaman sir that lot of foul play c=happen rnrl,reliance power,rcom etc.But in equity investment lot of people earn money too.If we earn money govt not ask that money(other than tax) then how govt can guarntee if lost money,See if we invest in infysys in 1993 10k now 5 crore including bonus ,dividend .Wwe need to evaluate company fundamentals and invest in it.If it growing business we can earn lot of money.Not believe any broker trip etc
Post a Comment