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Sebi chief to unveil investors` guide
New Delhi, Aug 09: Having sounded a `high alert` on volatile movements in the market and to save small investors, Sebi chairman G N Bajpai will launch a practical guide for household investors, prepared by the Delhi Stock Exchange, here today.
"We decided to bring out a guide because the markets are in boom period and there is a potential for scams, especially during such bullish phase. The idea is that an average investor should not be duped, making him shy away from the markets again," DSE director N C Jain said.
The investors have to be imparted basic training and they should choose a broker, who has a standing and integrity in the market, he said.
Toeing the line of stock exchanges in Kolkata, Kochi, Ludhiana, Jaipur and Kanpur, DSE's move comes as part of measures to infuse investor confidence, which was badly hit by a spate of scams, starting with Harshad Mehta, Ketan Parikh and the multi-crore government securities scam, involving home
trade.
Bureau Report