Sensex moves up 500 points in the last hour - India must to curb the Foreign Institutional Investors participation in stock market like in China
Anil Rane
Oct. 4, 2007

India is on the high. The Finance Ministry has just started worrying about the bubble in the stock market. The stock market right now in India is totally hijacked by Foreign Institutional carry traders. They take loans in Japan at a very low interest rate, sell the Yen and buy the emerging markets. The volatile Indian market forces short to cover very fast. They sell at the end to make their profit.

What happened in Indian stock market in the last half hour is remarkable. The carry traders took the market higher by 500 point in the last hour. The bubble is now fully developed. Smart investors have distributed Indian stocks already and they are taking short positions. It is just a time bomb ready to explode.

Native Indians are greedy to gain dollars and euros. They will do anything to grab the foreign exchanges. The Government is no different. The culture comes from deprivation of the basics by the British for centuries. But a massive stock market crash and an economic depression will probably correct the situation.

Sensex moves up 500 points in the last hour - India must to curb the Foreign Institutional Investors participation in stock market like in China
Anil Rane
India is on the high. The Finance Ministry has just started worrying about the bubble in the stock market. The stock market right now in India is totally hijacked by Foreign Institutional carry traders.
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India and China stock market bubbles now real – Indian Finance Minister for the first time starts getting nervous
Prithiv Chauhan
Chidambaram worries about inflation, liquidity and growth. A catastrophic collapse (like that in 1929 in US) will cause a massive depression in India. Unlike US in 1929, India is very heavily populated.
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Congress party gets ready for reelection - Manmohan Government launches insurance scheme for rural poor
Media Release
The Center today launched a scheme for providing death and disability insurance cover for rural landless households, a programme for which Rs 1,000 crore was earmarked in this year's budget.
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Sensex remained volatile throughout the session, witnessing a surge to 17,425.34 points and slide to 17,144.58 before closing at 17,291.10 with a gain of 37.52 points
Media Release
In choppy trades, the Bombay Stock Exchange benchmark Sensex gained over 37 points today as funds purchased stocks of state-owned blue-chip companies.
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Nelson Chai, CFO and executive VP, NYSE Euronext and a member of the NYSE Euronext Management Committee, was today appointed to the Board of the National Stock Exchange of India (NSE)
Media Release
The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX) currently lists 12 companies from India. NSE is India's largest exchange and ranks third globally by number of trades in the equities market.
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Finance Minister P Chidambaram today cautioned investors against high volatility in the stock markets
Media Release
Stock market benchmark BSE Sensex today closed at its highest level of 17,291, up by 140 points in a day. The market has risen for nine days in a row, and the Sensex has added 1,787 points in its fastest-ever rally.
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About 10,000 jobs at stake as Reliance to shelve UP, Orissa projects
Media Release
Peeved by the treatment meted out to its retail venture by Uttar Pradesh and Orissa governments, Reliance Industries is understood to be shelving its estimated Rs 13,000 crore roll out plans in the two states, putting at least 10,000 jobs at stake.
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