Business Daily from THE HINDU group of publications
Tuesday, May 08, 2007
ePaper
Business Daily from THE HINDU group of publications Tuesday, May 08, 2007 ePaper |
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Opinion
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Letters Market intelligence
This is with reference to the editorial `Market moves' (Business Line, April 13). While it is important that ``instant information on actions of market players, corporates is the key to curbing volatility'' the question arises as to how credible information can be collected. The Securities and Exchange Board of India, burdened with responsibilities relating to securities and related activities, is hardly in a position to do the job. It is, therefore, necessary to organise a `market intelligence' to foresee activities by powerful players and stall unhealthy actions. Aa corporate outfit owned by the government (or SEBI) for trading on equities in the various bourses should also be set up to utilise the information collected by the `market intelligence'. The Government should think in terms of proceeding on this line. T. R. Anandan Coimbatore Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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