HOME   
   NEWS   
   BUSINESS   
   CRICKET   
   SPORTS   
   MOVIES   
   NET GUIDE   
   SHOPPING   
   BLOGS  
   ASTROLOGY  
   MATCHMAKER  


Search:



The Web

Rediff








Business
Portfolio Tracker
Business News
Specials
Columns
Market Report
Mutual Funds
Interviews
Tutorials
Message Board
Stock Talk



Home > Business > PTI > Report

Steps to attract investors to stock market

February 25, 2003 14:05 IST

Dispelling the impression that small investors had drifted from the stock market recently, Finance Minister Jaswant Singh on Tuesday told the Rajya Sabha that several measures have been taken for instilling their confidence in the stock market.

He said during Question Hour that whenever there was a major development or incident, it affected the stock market. The reason could be an international event or threat of war, he said adding the Indian market was still stable compared to the global market.

Admitting that 76 per cent of the people avoided the share markets, Singh said in an attempt to boost the confidence of investors, Securities and Exchanges Board of India was strictly enforcing the eligibility criteria for companies to enter into the primary market so that their money was safe.

Besides, SEBI had commenced trading in government securities on stock exchanges for retail investors, launched a nationwide Securities Market Awareness Campaign last month, revised Delisting of Securities Guidelines and expanded the list of derivatives eligible for retail trading, he said.

FDI

With a view to providing investor friendly policies, foreign direct investment was now encouraged in most economic activities under the automatic route and continuous initiatives to attract inflow of FDIs were being taken, Singh said in reply to another question.

© Copyright 2003 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.



Article Tools

Email this Article

Printer-Friendly Format

Letter to the Editor



Related Stories


Run-Up to the Budget 2003








HOME   
   NEWS   
   BUSINESS   
   CRICKET   
   SPORTS   
   MOVIES   
   NET GUIDE   
   SHOPPING   
   BLOGS  
   ASTROLOGY  
   MATCHMAKER  
© 2003 rediff.com India Limited. All Rights Reserved.