Sunil Subramaniam, a market expert, believes speculation is essential for liquidity in the capital market. He argues against regulatory intervention unless there’s clear evidence of fraud, price fixing, or false news. Subramaniam acknowledges the youth treating the stock market like a gambling den and suggests cautious regulatory measures instead of harsh actions to maintain market stability.
International Gemmological shares soar 10% on acquisition of 2 companies
Shares of the newly-listed International Gemmological Institute (IGI) surged 10% to hit the upper circuit and a new high of Rs 580.45 on the BSE,
December 26, 2024