ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Being Nursed into Growth

December 20, 1969 allowed to be resumed straightaway? If yes, on what terms and conditions? These are issues on which there is considerable scope for sharp difference of opinion. Since Government had not spelt out very clearly why forward trading was banned with effect from June 28, it is difficult to say whether the purpose has been served. The stock market's anxiety to know what exactly Government has in mind is understandable because its prosperity depends almost entirely on forward trading. Resumption of forward trading alone can dispel the stock market's gloom which, however, is quite unrelated to the outlook for equities.

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