Indian stock markets are hotbeds of manipulation. Promoters and operators are having a field day even as exchanges and the market regulator sit idle. Debashis Basu, Jason Monteiro and Aditya Govindaraj expose what is going on in BSE smaller companies, the futures & options segment of NSE and SEBI action (or inaction) regarding rampant stock manipulation
The regulator is supposedly worried about it. The prime minister’s office (PMO) desperately wants to encourage it. The Budget of 2012-13 dangled a carrot to attract savers to it. And yet, nobody is biting it. “It” is retail...
To continue reading this article, you must be a Premium subscriber...
More in Moneylife
TODAY'S TOP STORIES
Ameet Patel on Budget 2014
What's your say?
What you said
Thanks for casting your votes! View Previous Polls