[Janshakti] How fraud is going on in Indian stock markets
-- If we look at investment data by FIIs and DIIs for January on NSE, we see that till 26th January from 1st January the net withdrawal by FIIs and DIIs put together is only 1200 crores which is insignificant amount.Then how stock markets have gone down from high of 6181 to 5624 lowest point in this month i.e 550 points?
The answer is very simple a number of large investors like FIIS,DIIs and operators are taking common investors in India on a ride and doing fraud.The prices are being systematically pulled down and something like circular trading is going on.
LIC has already accepted that last years they earned almost 5000 crores by churning the shares.
In other words right under nose of Pranab Mukherjee and a on-paper existing and third rate SEBI, scams are happening and fraud is done in stock markets to fleece Indian investors hard earned money.Neither SEBI nor NSE and BSE authorities have any mechanism nor any fool proof systems and monitoring and the corrupt traders at will are manipulating the markets.
Will our toothless and paper degree holding expert MM Singh and his associates wake up and be able to do something?
While Indian Stock markets are highly volatile the S&P is moving in very small range showing the systematic maturity and stability in US markets.
The Indian stock markets are poorly managed and are full of crooks.
Common investors are advsied to keep out of this.
Prof R K Gupta
IndiaFORCE
Palash Biswas
Pl Read:
http://nandigramunited-banga.blogspot.com/
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