Financial Daily from THE HINDU group of publications
Friday, Aug 16, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Opinion - Letters


Market blues

The editorial, `Market waits for a trigger' (Business Line, August 12) has pointed out that in spite of the new Finance Minister, Mr Jaswant Singh announcing some investor-friendly measures, the market did not fire.

Perhaps, the main reason may be the bad experience investors had previously. And many accounting frauds had added to the fear.

But interest rates being low, there are not many alternative investment options. So, there is a need to create investor confidence and educate them.

In fact, greed and speculations are the two main destructive forces.

Could PSU disinvestments, abolishing dividend tax altogether, reverting to the old badla system after rectifying the flaws in it, trigger the market as some economists suggest?

A. Jacob Sahayam

e-mail

Send this article to Friends by E-Mail

Stories in this Section
Simply surrogate


Agri-business: Not India's business
Rule-based system — Willing a winning nation
Anguish of a former President
Much in a surname too
What the IIMs have done
Overcoming `subtle resistance'
Land information system — Integrating objectives with users' goals
Disinvestment in BSNL
Market blues


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line