"Policy Risk" is what CNBC says.
Money.cnn LINK
Trading in Indian shares was halted for an hour following a 9.2 pct plunge that was triggered by a regulatory proposal that would restrict buying by overseas investors.
The Indian government said proposals aimed at tightening the purchase of shares and bonds by foreign institutional investors through offshore derivative instruments were aimed at moderating capital inflows and not at discouraging foreign investors.
BOMBAY CRASHES
Started by
kaiser soze
, Oct 17 2007 12:11 AM
11 replies to this topic
#12
Posted 17 October 2007 - 10:14 AM
I find it VERY telling that Yahoo.com has NOTHING about this ANYWHERE.
Nah, it just means that the "reporters" at Yahoo.com ain't very bright.
What a surprise.