Meet On Mega Scams In India

A discussion meet of Bull’s Eye, the Stock Market club of the college, on Mega Scams in India was held on the 11th April 2015 at G1 at 10:30 a.m.

Since independence, there have been a number of scams in India. Many of us don’t actually know how scam are executed and detected. Prof. Dilip Shah, convenor of the club along with student members of the club organized the activities of the session in the form of ‘stress interview’, making the discussion interesting and involving. The students were eager to know how one must understand the markets for investing in it. Prof. Dilip Shah said that an investor should compulsorily read “Intelligent Investors” by Benjamin Graham and must carefully read business newspapers like Business Line. Next, sir explained how to invest starting from scratch. He said it that a successful investor can balance well between the sentiments of fear and greed and extremes of both is damaging.

Moving ahead towards the topic , Prof. Shah explained how liquidity played an important role in Harshad Mehta’s scam case , followed by a detailed discussion of Jignesh Shah’s  National Spot Exchange crisis. During the discussion he explained derivative spot and intra day trading.

Altogether  it was rare experience where 30 students participated in a spell bound atmosphere .