BSE issues investor advisory as bull run continues unabated
20 Sep 2005
Mumbai: In an uncommon move the Bombay Stock Exchange (BSE) has issued an advisory for small investors asking them to be watchful and take due care before investing in the market.
The move by the BSE comes as a follow up to a sharp rise in share prices with no corrections in evidence. BSE has taken note of the fact that several penny stocks have appreciated by as much as 6,000-7,000 per cent over the last few months.
The
exchange has advised investors that their trading / investment
strategies should be in line with their risk bearing capacity
as all investments carry risk, the degree of which varies
according to the investment strategy adopted. The exchange
has told investors to be
cautious about stocks, which show a sudden spurt in price
or trading activity, especially low price stocks while
pointing out that there are no guaranteed returns on investment
in stock markets.
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