The Hindu Business Line : `Margin trading is risky but useful'

CAPITAL market intermediaries have welcomed the Securities and Exchange Board of India's decision to introduce margin trading in stock markets from February 1, 2004.

"Margin trading is being introduced at the right time when the markets are in good shape. It's a risky but useful product. It is very common in developed markets like the US. It has been in the offing in India for the last 18-24 months," Mr M.K. Doogar, Chairman, Capital Markets Committee of PHD Chamber of Commerce and Industry (PHDCCI), told Business Line here.

Even while hailing the decision, some intermediaries felt that "margin trading" would have little impact on retail investors.

More Stories on : Stock Markets | Industry Associations

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Sensex and the doctrine of caveat emptor

Digital gets nod to delist

Bull onslaught

IT stocks zoom on the eve of quarterly results

`Further fillip to buoyant markets'

Market sizzles, Sensex soars

Forging new ties

Bhushan Steel: Valuations attract sustained buying

`Margin trading is risky but useful'

SBI: Outlook positive, buy Feb. futures

A day to cheer for the markets

Allotment ratio of GAIL, ONGC shares after bids: Shourie

GAIL float to hit market on Feb 23