Saturday, October 17, 1998
Need of the hour is to instill confidence in investors
The common investor has run away from the market place. And then the government goes to act in its own schizophrenic ways. Organises seminars in five star hotels on reviving the primary market. How hypocritical can you get?
A short rally is round the corner
Speed of fall has slowed down. As against the previous week's fall of 186 points, the sensex lost 69 points last week. The fall was mainly on account of a sharp fall on counters like State Bank, L&T, Bhel, Telco and Tisco. In fact, Tisco and Telco have touched a four-year low.
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