05-17-2004, 09:25 PM
<b>Brokers, TV crew in minor skirmishes over market tailspin</b>
Press Trust of India
Mumbai, May 17
There were minor skirmishes between brokers and television crew at the Bombay Stock Exchange on Monday, with the former blaming the media for "irresponsible" reporting, which they claim was one of the reasons for the bloodbath on the bourses.
Apart from a verbal duel, brokers apparently jostled with the TV crew, who had rushed to BSE after the market went into a tailspin, losing 786 points during intra-day trading.
<b>The brokers alleged that the media was doing 'wrong' reporting and had given a 'wrong' picture during elections as well as exit polls.</b>
The agitated brokers also questioned the role of SEBI, with one asking: "what is it doing, has it stopped functioning?"
<b>Another broker suggested that SEBI should be asked to control the so-called "leaders, who make irresponsible comments, which had resulted in havoc at the bourses."</b>
<b>Dilip Mehta, an investor, said: "I have never seen such a bloodbath in my 24 years of trading".</b>
Press Trust of India
Mumbai, May 17
There were minor skirmishes between brokers and television crew at the Bombay Stock Exchange on Monday, with the former blaming the media for "irresponsible" reporting, which they claim was one of the reasons for the bloodbath on the bourses.
Apart from a verbal duel, brokers apparently jostled with the TV crew, who had rushed to BSE after the market went into a tailspin, losing 786 points during intra-day trading.
<b>The brokers alleged that the media was doing 'wrong' reporting and had given a 'wrong' picture during elections as well as exit polls.</b>
The agitated brokers also questioned the role of SEBI, with one asking: "what is it doing, has it stopped functioning?"
<b>Another broker suggested that SEBI should be asked to control the so-called "leaders, who make irresponsible comments, which had resulted in havoc at the bourses."</b>
<b>Dilip Mehta, an investor, said: "I have never seen such a bloodbath in my 24 years of trading".</b>