Month: September 2013

NSEL Update: Audit Shows Less Than 20% of Stock, Untraceable Borrowers, Related Parties, Where is the CBI?

The crisis behind the NSEL (National Spot Exchange) is getting more and more murky. The Exchange released client positions behind the 24 members who “owe” ...

Nifty Drops 5% in Aug 2013, Worst Month Of The Year

The Month of August 2013 has not been kind to the Nifty, dropping 5.3% (and that’s not considering that on Wednesday, just two days earlier, the Nifty was ...