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Q.

When there is a sense of some stability there is a huge increase in the SENSEX. Whereas when there is a chance to take away the money, the FIIs do not care about the country/economy/fiscal position/development, etc. and they take away the money
How long the Indian Middle-Class has to sustain this Tamasha? Why the Government promises good returns for the money deposited in the Govt. Securities / Bank FDs / Post Office Schemes, etc.
Can anyone suggest some measure for this malady? Send replies to gurumurthy.srinivasan@rediffmail.com

Asked by gurumurthy srinivasan, 19 May '09 01:47 pm
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Answers (1)

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Why govt promise godd returns on bank fds/securities. you start some business and on your own and provide employment to others. as our mutualfunds managers are good for nothing fellows fii s are taking our money. please notice fii s are net sellers at 20000 points and our mutual funds are net sellers. at 8000 index fii s started buying,and our mutual funds start selling.means buying at 10 and selling at 2. as our mutual fund managers are from iit & iim.
Answered by meghanath, 19 May '09 02:45 pm

 
  
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