Along with common man,the investors in stock market too worst sufferers due to Demonetisation effect indirectly on the working of all companies of stock market,loosing thousands of crores market capitalization.To compensate the investors& to boost investment cult in stock market Govt ought to come out with in investor friendly tax reforms in budget .
Re: Demonetisation -effects stock market
by surya ramakanta on Dec 28, 2016 04:55 PM
Unless stock market turns bullish with proper incentives to loss making industriessuch as Textiles,fertlisers,telephone/wireless/internet etc the economy can't improve.Also Banking sector should be reformed to reduce the NPA s due to sanction of big loans amounting to thousands of crores of public money to industrialists/politicians without collateral securities.Govt/Banks have no right to disburse public money to their vested interest companies and the concerned shld be held responsible for defaults of loans
Re: Demonetisation -effects stock market
by on Dec 28, 2016 09:44 PM
No doubt along with common man,even minority shareholders lost their hard earned savings due to stock market collapse due to mainly Demonetisation prompting FII to withdraw from Indian stock markets.To obviate Govt should provide more incentives to longterm investors reducing STT as it works out more than Brokerage
Due to demonetization following things happened, still you believe note bad not successful. -King pin of Dawood suicide himself as he could not mobilize more than 3,00,00,00,00,000 fake money to India. - Kashmir was silent and peacefull after 3 months. -Till not India has got 60,00,00,00,000rs disclosed and undisclosed black money. and 260KG of gold. This is good for Indias 1 year budget. -naksalids are commming to main stream due to lack of money. -India is moving from less than 10% cashless economy to more than 70% cashless economy. hence more white money, so more tax to India and more development. - Crores would have be spent on Punjab, UP and other elections were stopped. - Corruption would come down to less than 20 % from 90% and many more
