CEO
Dalal Securities

Other countries have rescued their markets; therefore, our government should also follow suit and support local market. State Bank should cut the SLR and CRR rates so that liquidity may increase while government should create a support fund for the market, treasury stocks option should be utilised, and government should give woo foreign investors. I think that if these things happen then market would decline a little and then it will move on upward lane. Investors who are sitting on cash are advised to stay at sideline till market drops by 10-15 per cent while leverage investors should be away from the market. Interest rates and petrol prices should also be brought down so that cost of doing business decreases.

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