tag:blogger.com,1999:blog-19649274.post4658528206928709524..comments2024-03-19T12:52:03.531+05:30Comments on The Leap Blog: Two decisions of the SEBI boardAjay Shahhttp://www.blogger.com/profile/03835842741008200034noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-19649274.post-28120729362484819342007-03-28T19:31:00.000+05:302007-03-28T19:31:00.000+05:30As always, this is two step backward and one forwa...As always, this is two step backward and one forward. The market had been clamouring for short sales and sec borrowing and lending for a long time. Hope the scheme is good so that it takes off. I presume we are not going to have ALBM or 'badla' in a new format.<BR/><BR/>What happended to physical settlement of derivatives? This has been long pending. If this happens the sec borrowing and lending market will take off like anything. <BR/><BR/>As for IPO grading.....do the CRAs have the expertise, techniques and models to do the same. SEBI chairman has said today that it will not address valuation. The what is it for. Will rating agencies decalree their methodology to public as to why they ahve rated a company as 1 r 5? In this scenario, I fail to see the need for the same. CRA can do credit only . This is the global model. <BR/><BR/>It seems that SEBI chairmen have a penchant for using CRAs to addresstheir formal agenda. A former SEBI chairman floated the idea of Corp. Gov rating which faded once he retired. Do we see the same fate for IPO rating?!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-57299650280493895462007-03-27T15:24:00.000+05:302007-03-27T15:24:00.000+05:30Sir, I agree with on IPO grading with you. On FI...Sir,<BR/><BR/> I agree with on IPO grading with you. <BR/> On FIs short selling too have raised vailed loopholes particular issues on securities lending , which is core of the matter. I feel the before allowing short selling Sir I feel the system should be in place properly.<BR/> example for say share of Wipro, Tech Mahindra, etc where in the free float is very thin i feel poor retail investor who believe in first buy and then sell stragey will be left with high volatility in share price, the mechanism should also address issue which took place in May 2004 wherein the Forigen investor made huge intra day profits.....<BR/>and secondly, there should be transperence in postion taken by FI such as at the end of the day such a bulk transcation takes place on short selling the exchange should disclose the facts of it....<BR/><BR/>looking forward<BR/><BR/>arva_india80@rediffmail.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-66178685348948752332007-03-26T18:32:00.000+05:302007-03-26T18:32:00.000+05:30This comment has been removed by the author.shrikanthhttps://www.blogger.com/profile/03898755392584822638noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-7067022098273672252007-03-26T18:17:00.000+05:302007-03-26T18:17:00.000+05:30This comment has been removed by the author.Unknownhttps://www.blogger.com/profile/06126643746269376552noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-13819747016707586822007-03-26T15:09:00.000+05:302007-03-26T15:09:00.000+05:30Hi Ajay,nice to read yr blog.. good work.. i wante...Hi Ajay,<BR/>nice to read yr blog.. good work.. i wanted to know couple of thing as i am a new blogger. how can i add a guest book in my blog. and how to track numbe of user. can u give some info on it..<BR/>thanks,<BR/>sajidNadshttps://www.blogger.com/profile/16741617711178801818noreply@blogger.com