Not at all surprised. Most of us retailers are minimum or small investors who don’t matter. But our funds are hard-earned money marked for retirement, children’s graduation etc. Our stock investments are our nest egg. We invest our life savings in BSE/NSE, India’s national stock exchanges, and what happens? We are taken to dizzying heights only to be plummeted to unimaginable lows so harshly that most of us have to write off our losses. At the same time, the FIIs or the Foreign Institutional Investors have been spotted laughing their way out of our stock markets. I am not a tech person to talk about this but I can understand when experts explain things to us in layman language.
https://www.ndtvprofit.com/markets/sebi-bars-jane-street-group-from-indian-securities-market
Entire market is manipulative, going by its nature, agreed. Still this is audacious. What has America got to say on this. Tight lipped as about Lehman brothers’ losses? The Third world countries bore the brunt of Lehman brothers. Any idea for America to make good our losses? To someone talking tough on immigration, dispensing economic justice must not be a problem. The US govt also holds tonnes of gold of world nations including India, entrusted to them for safekeeping. Sometimes one wonders, whether the gold may be safer in India!
Anyway, ever since Trump came to power and the markets went on bear mode, we have our DIIs in India , the Domestic Institutional Investors, picking up the reins which is a good sign. Anyway I trust the DIIs over FIIs. The industrial growth story looks promising, the order books look good, the net profits are soaring. India shall remain a top economy in Asia registering highest possible growth rate and a top investment destination.
vijiravindran's 