pax1, markets, nse, bse, dija, dow, S&P,gold, rupee, pmi, tata, reliance,
The disease has spread from NSEL to its sister concern the MCX -SX and the story there remains the same. A mesh of corrution intrigue and general bad governance. Now does one faith in trading through such organisations where the danger of default is always lurking? Time the organisation is cleaned up or sell it to some one who has the integrity and the skill to run it. The commodities exchange has caught up with the investors in a large way and any shake in the confidence will have severe repercussions in the long run, hence swift action has to be taken to see that the situation is rectified at the earliest.The quote of the day " Our Chairman is too busy a person and I could not meet him....." this is from the CEO of the organisation. The question is what was he too busy with?.