Chandigarh, 20th May : Citizens Awareness Group
in collaboration with National Stock Exchange under the aegis of Securities
Market Awareness Campaign by SEBI organized Investor Awareness Program in Hotel
Penisula, Sector 8, Panchkula.
It is felt that awareness pertaining to the stock
market is lacking among investors. A lot of people cannot invest or hesitate to
do so and many tend to make wrong decisions due to lack of information.
Advising people not invest in a business they do not understand, investors were
asked to look for companies with a sound management.
Mr. Surinder Verma, Chairman, Citizens Awareness
Group, said “You would not buy a colour TV before visiting a few dealers and
taking advice from some friends. But a rumour might prompt you to buy stocks
worth Rs. 2 lacs. So most of the losses occurred in the stock market are a
result of hasty decisions, greed and fear.” He also exemplified how even educated
and high income group investors fail to follow the safeguards while investing
in the stock market.
Mr. Nishant Srivastava , Manage National Stock
Exchange said that the presence of market regulator like SEBI and due to safe
regulation adopted by various stock exchanges, the market has become far safer
for small and medium investors. If investor enters in the market equipped with
fundamental knowledge about the company they intend to invest in, they have
fairly good chances of making a steady profit. He dwelt upon numerous aspect of
the capital market like duties of investors, investor protection guidelines,
trading and risk management etc.
Smt. Sushma Khanna Executive Secretary, Citizen
Awareness Group said that objective of the program was to educate the citizens
about the investment opportunities available in the securities market and
apprise them about their rights and obligations while dealing in the financial
market.
Sh. S.K.Nayyar, President Consumer Fedration Haryana
proposed vote of thanks and assured that more and more workshops will be
organized to make the investors to aware so that he may not be cheated in the
financial market.
The program was attended by more than 100
general investors and the queries put forward by them were answered by the
Panelists.
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