Financial Daily from THE HINDU group of publications Friday, Jul 30, 2004 |
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Opinion
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Letters A partial report
It is poignant for stock market die-hards to note that only 3 per cent of the total financial savings of the household sector was in stocks and bonds in 2000-01. The idea, perpetrated by many growth-economists and analysts (including the present Finance Minister), that the stock market is definitely a reflection of the health of an economy is absurd and baseless. G. Narasimha Raghavan Chennai Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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