Deposits in banks are abysymally low. To increase it ,under the guise of saving retailers weekly expiry is targeted.
Next target ? Liquid funds?
Now articles have started coming about how liquid funds are better than savings account in returns. If liquid funds also goes then what to do?
I think until unless Retailers are represented or having a united forum to question regulators these things keeps on happen none of Regulator or Government don’t have the guts to act against the manupulation of FII’s
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The govt will be happy if all retail traders park their money here.
Till that they will do all they can .
If an overwhelming number of retail traders respond to the proposed consultation paper suggesting to maintain status quo on weekly expiry, will that make any difference?
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Let’s see, we should assemble and give suggestions against removing weekly expiry in SEBI consultation.
Doing something is better than doing nothing.
We should try.
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There will be a change ,
Here the PercentTrader explained :
For an investor there are lot many options Like the SGBs there you have a safe investment option for a very long duration , no need of desperation , even if weekly FNO expiry goes off , there will be another opportunity