Finally, it has become clear that terrorist organisations are using Indian stock market for their gain. Indian Finance Minister P Chidambaram today admitted this fact in the Parliament. He admitted that government is presently investigating one such case where funds are believed to come from a terrorist organisation. Earlier, there were only speculations about any such kind of the presence of terror organisation’s funds in the stock market.
Presently, Indian stock market is booming and therefore number of terrorist organisation from India and abroad want to increase their wealth by investing the stock market. However, as per the market experts it is very difficult to determine that how much money is present in stock market which is funded by the terrorist organisation. Around the world various terror organisations have used stock markets for increasing their wealth.
Even Al Qaeda is believed to have invested in American stock market before 9/11 attacks. Indian government really need to put a strict eye on these kinds of the investment because these funds can be utilized for the terror attacks. So far, market has not reacted to this news and it closed today with slight decline. However, market can react negatively tomorrow to this news. At present Indian government do not want to put any control on the Stock market because it can affect negatively the positive sentiments of the market.
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6)Indian Stock market saw highest gain in Single day
7)Mukesh Ambani is now world's Richest Person
8)Indian stock market crashing 1000 points in two days
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10)Live NSE and BSE
Wednesday, December 05, 2007
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