It is time for regulators to look into designing of Nifty. In best managed Indices like US 30, they are designed to go up. Look at the non stop movement of US 30 from 17500 - 26700. Does it mean that US Economy is going strong and they reduce their debts ? On the contrary,their debts are increasing. Then how come its Index is going high and Nifty correcting? Various reasons can be put forward for this. Because of NIFTY crash always looming large in the minds of investors, retailers hesitate to participate in equity. Like US 30 where you simply set aside your savings in ETF's as the Index is designed to go up always., it is time for regulators to look into Nifty constituents.
If the Nifty is properly designed and more ETF's are planned with minimal fees, income tax for capitals gains accrued from ETF's are slashed, no doubt,savings from Bank and black money will flow into ETF's . Our internal strength in INDIA NIFTY will be augmented.
C.A.D., USD-INR., Crude prices are temporary phase. Planting the positive feeling about our Indices in our own people is the best one, so that our people move away from safety feeling of investing in Bank F.D.,Household Gold ornaments, Black money stacking and and unorganized lending to investing in our stockmarket.
If the Nifty is properly designed and more ETF's are planned with minimal fees, income tax for capitals gains accrued from ETF's are slashed, no doubt,savings from Bank and black money will flow into ETF's . Our internal strength in INDIA NIFTY will be augmented.
C.A.D., USD-INR., Crude prices are temporary phase. Planting the positive feeling about our Indices in our own people is the best one, so that our people move away from safety feeling of investing in Bank F.D.,Household Gold ornaments, Black money stacking and and unorganized lending to investing in our stockmarket.
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