D S: Government of India authorises issuance of existing debt instruments such as treasury bills and dated securities under the Market Stabilization Scheme. The MTM losses on these bills are expected to be to the tune of Rs 60000-65000 crore. This has not been provided for and has been suppressed till now. But one Mr.Kelkar from Pune has approached the High Court regarding this matter. If this matter is published in the newspapers in the coming days, it could have a negative impact on the market. This news, though from a reliable source could turn out to be a rumour or this news could be suppressed.. Please be careful and trade with stop losses…
Monday, June 16, 2008
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