ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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STOCK MARKET-Coming to Terms with New Government

of such slogans is further reinforced by the VHP and RSS propaganda that West Bengal is being swamped by the influx of Muslims from Bangladesh. It is true that the number of illegal entrants from Bangladesh has gone up. But they include both Hindus and Muslims, driven by poverty mainly, who are seeking shelter in West Bengal. Consistent in their anti- Muslim ideological stance, the RSS-BJP- VHP leaders in West Bengal have chosen to describe the Bangladeshi Muslim immigrants as 'foreigners' who should be driven away, but have decided to encourage their Hindu counterparts to STOCK MARKET Coming to Terms with New Government THE. stock market scene has undergone a profound change over the past few weeks. On January I most equity price indices stood very close to their all-time highs registered about the middle of December; some of the indices, in fact, touched altogether new highs. By January 22 the market had staged a sharp retreat, with the BSE sensitive and national indices moving down by about 9.8 per cent and X per cent respectively. During the same period, the Financial Express equity price index for Bombay declined by 7.2 per cent and the all-India index by 7.1 per cent.

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