Friends,
The US stock market regulator Securities and Exchange Commission (SEC ) is worried as it feels that the rumour mongers are busy spreading rumors that are affecting sentiment and pushing down the markets. It has decided to probe the matters along with other regulators.
I smelt some thing like this happening in India too but surprisingly our regator SEBI is oblivious of the need to have the manipulative angle checked. As always it will lock door after the horse has bolted. May be some influential people do not like this to happen hence the silence is taken to be golden.
In any case, the investors should be cautious and alert. They must look at good stocks whenever fall in value exceptionally for picking them. Those who are following the ‘panch-tattva’ recommendations given for free may take benefit of advice. Also if you are eyeing at any scrip , my advice is that you seek for ‘panch-tattva’ recommendation for Rs 200 per scrip which is not costly for those who commit Rs 20 K to a single stock purchase.
HariOm,
KrsnaKhandelwal
Tags: rumours damaging market environment, SEBI in India, SEC of USA