Business Daily from THE HINDU group of publications
Wednesday, Oct 01, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Wednesday, Oct 01, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
Home Page
-
Stock Markets Markets - Financial Markets Money & Banking - Trends Our Bureau New Delhi, Sept. 30 Indian stock market indices on Tuesday bucked global slide in stock prices, thanks to the unequivocal assurances from the Union Finance Minister, Mr P. Chidambaram, and the SEBI Chairman, Mr C.B. Bhave. Both sought to comfort investors by stating that the country’s stock exchanges and financial markets remained sound, attractive and well regulated and there was no reason to panic in the wake of the US financial market turmoil. Mr Bhave, who met Mr Chidambaram here, told reporters at North Block that there were no settlement issues at the stock exchanges and that SEBI was closely monitoring the markets. On short selling, he said that SEBI would take stringent action if any institution were to violate rules. “At present, there are no indications that such a violation has occurred,” he added. Mr Chidambaram said that all Indian banks are well capitalised and well regulated and that no Indian depositor need be apprehensive. Markets feel the global tremor All eyes on the US bail-out package High-level panel meet on financial turmoil More Stories on : Stock Markets | Financial Markets | Trends
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2008, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|
