Investor Awareness Program at River side club Mayur Vihar-1 Extn held

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newznew (Chandigarh) : For hundreds of middle class apartment residents attending a workshop on safe investment in the financial market was a pleasant surprise. The half day long workshop was organized by the Citizens Awareness Group, in collaboration with SEBI and supported by the NGO Centre for Social Change. Investor Awareness Program was held under the aegis of Securities Market Awareness Campaign by SEBI in the River side Club Delhi.

It is felt that awareness pertaining to the stock market is lacking among investors. A lot of people cannot invest or hesitate to do so and many tend to make wrong decisions due to lack of information and much information. Advising people not to invest in a business they do not understand, investors were asked to look for companies with a sound management.

Mr. Surinder Verma, Chairman, Citizens Awareness Group, said “You would not buy a colour TV before visiting a few dealers and taking advice from some friends. But a rumor might induce you to buy stocks worth two lakh rupees. So most of the losses occurred in the stock market are a result of hasty decisions, greed and fear.” He also exemplified how even educated and high income group investors fail to follow the safeguards while investing in the stock market.

Senor Scribe and Journalist Union leader, Mr Vipin Dhulia  said that the presence of market regulator like SEBI and due to safe regulation adopted by various stock exchanges, the market has become far safer for small and medium investors. If investor enters in the market equipped with fundamental knowledge about the company they intend to invest in, they have fairly good chances of making a steady profit. He dwelt upon numerous aspect of the capital market like duties of investors, investor protection guidelines, trading and risk management etc.

Another senior Journalist and Member of Press Council of India said that objective of the program was to educate the citizens about the investment opportunities available in the securities market and apprise them about their rights and obligations while dealing in the financial market. He also highlighted how SEBI came to the rescue of lakhs of small and innocent investors by cracking whip first on  Satyama scam and now Sahara case.