These days investors in shares/stocks have despondency writ large on their faces. They have witnessed gruesome tragedy being repeated daily on TV screens depicting stock exchange movements. This market was once described as amongst the best performing markets in the world, rightly so as the index did touch more than 15,000 points, showing full-blooded strength.
  Keeping the present state in view, I may add that had it been some other country with neat/clean ethics and principles, then even the prime minister would have come forth for redress of genuine grievances. Here, more than 10 days have passed but none from the authority offered even a few words healing the wounds of investors.
  Nobody bothers to explain as to how $15 billion in foreign exchange reserves has fallen to $10 billion. However, I concede the effect of this turbulent political condition as there are big heavyweights like the mutual fund industry, both open-ended and close-ended, and other mega houses but nobody dared enter the heavy storm.
  Large-scale whipping by the big players to undermine the market has literally eliminated small investors who imagine their fate right in the middle of the sinking ship caught up in tsunami. Gloom has miserably settled on the entire spread of stock market due to inept polices of stock exchanges and pathetic attitude of men in authority. Even blue chips in the oil, fertiliser and the cement sector have failed to attract buyers on dips.
  I appeal to the minister of finance and big players to shed their pride for a while and help develop a bailout package duly supporting the good work done by the regulators. The government should also stand behind the pragmatic system put under way.
  After all, the big players should also listen for the common good of small investors, making a sizable entry. As a tangible option, an equity market opportunity fund with a minimum capital of Rs50 billion should be established under the management of NIT to prop up the sagging market.