Parliament is planning to pass a proposal to give more powers to SEBI. The main aim I guess here is to scrutinise, restrict and disallow certain Foreign Direct Investment.
This step is an exact opposite of stock market functioning. Can the government prevent a thief from buying a share? If it cannot then it cannot also ask thief not to put money in bulk.
When I have a mango to sell, I am interested in two things. First of all I should get a good price. Second is I cannot wait long otherwise the mango will rot. Shares work on such principles. There is a desire to get good price. And there is a force which is against it.
A healthy share system is not governed by laws. It is governed by market forces.
Remember, the old Murphy's law. A thing which can go wrong will go wrong eventually. But by putting a wrong law we cannot have a right system. Unfortunately this is how our system works. It is time to change this. Time to change for the better. Time for BJP.
This step is an exact opposite of stock market functioning. Can the government prevent a thief from buying a share? If it cannot then it cannot also ask thief not to put money in bulk.
When I have a mango to sell, I am interested in two things. First of all I should get a good price. Second is I cannot wait long otherwise the mango will rot. Shares work on such principles. There is a desire to get good price. And there is a force which is against it.
A healthy share system is not governed by laws. It is governed by market forces.
Remember, the old Murphy's law. A thing which can go wrong will go wrong eventually. But by putting a wrong law we cannot have a right system. Unfortunately this is how our system works. It is time to change this. Time to change for the better. Time for BJP.
