Press Esc to close
Tuesday 25 April 2017
News updated at 9:35 PM IST

Demystify stocks for retail investors, says Chidambaram

Mumbai, Feb 9, 2013, DHNS 22:34 IST
Finance Minister P Chidambaram (left) and MCX-SX  Vice-Chairman Jignesh Shah at the launch of the new  stock exchange in Mumbai on Saturday. PTI Photo

In a move to inject confidence in retail investors, Finance Minister P Chidambaram on Saturday suggested that bourses should strive to demystifying the functioning of stock market and deal with malpractices including insider trading.


Speaking at the inauguration of the new stock exchange MCX-SX, Chidambaram said: "It is important that we have to demystify the operations of the stock market. We have to make sure that there are no malpractices like insider trading. Only then the retail investors will come to stock market in very large number."

He expressed concern over malpractices in equity trading and as a word of caution to the two existing bourses – National Stock Exchange and Bombay Stock Exchange -- and the new one MCX-SX, saying they all should endeavour to keep the products.
He bluntly said: “If you want retail investors in India to participate in the stock market, you have to keep the product simple and inject confidence in the investor (so) that the integrity of stock trading in preserved."

India has the largest number of listed companies in the world, he said, adding that stock markets would become more competitive with the entry of MCX-SX.
The country’s new bourse MCX-SX , the third stock exchange in the country after BSE and NSE, is set to commence live trading in the capital market's cash, and futures & options (F&O) segments from February 11, 2013.

Initially all the securities available for trading will be in 'permitted to trade category'. Trading hours will be similar to BSE and NSE, from 9 am to 3:30 pm.
As many as 1,116 securities will be available for trading in the capital market segment, when it opens for live trading on Monday.

Go to Top

Photo Gallery
Wife of CRPF martyr Inspector Raghbir Singh saluting her husband's body during his funeral in ...

Wife of CRPF martyr Inspector Raghbir Singh saluting her husband's body during his funeral in ...

Daughter of CRPF martyr Sanjay Kumar, who was killed in Naxal attack in Sukma chhattisgarh, wail ...

Daughter of CRPF martyr Sanjay Kumar, who was killed in Naxal attack in Sukma chhattisgarh, wail ...

CRPF martyr Inspector Raghbir Singh being carried during his funeral in village Sathiala, some 50 ..

CRPF martyr Inspector Raghbir Singh being carried during his funeral in village Sathiala, some 50 ..

Union Minister Radhakrishnan paying respect to the body of CRPF martyr Alagupandi, at Madurai ...

Union Minister Radhakrishnan paying respect to the body of CRPF martyr Alagupandi, at Madurai ...

Injured CRPF jawans being airlifted to Raipur by an IAF chopper for treatment on Monday follwing ...

Injured CRPF jawans being airlifted to Raipur by an IAF chopper for treatment on Monday follwing ...

Union Home Minister Rajnath Singh enquiring about the health of injured CRPF personnel at the ...

Union Home Minister Rajnath Singh enquiring about the health of injured CRPF personnel at the ...

School children pay tribute to CRPF jawans killed in the naxal attack in Chhattisgarh's Sukma ...

School children pay tribute to CRPF jawans killed in the naxal attack in Chhattisgarh's Sukma ...

Union Home Minister Rajnath Singh paying tribute to CRPF jawans killed in the naxal attack in ...

Union Home Minister Rajnath Singh paying tribute to CRPF jawans killed in the naxal attack in ...

Injured CRPF being brought to Raipur for treatment on Monday follwing a Maoist attack at Burkapal ..

Injured CRPF being brought to Raipur for treatment on Monday follwing a Maoist attack at Burkapal ..

Police in action students who were throwing brick bats on them during clashes in the vicinity of ...

Police in action students who were throwing brick bats on them during clashes in the vicinity of ...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.