Investors hold protest outside BSE; urge government to stop slide

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Mumbai, Jan 22 (UNI) A group of investors today held a protest at the Bombay Stock Exchange, after the share market witnessed its tenth largest nose-dive in the history.

Shouting slogans against the Prime Minister and the Union Finance Minister, the protesting investors demanded that the government should step in to arrest the sharp deline.

The protestors were detained by the Police, but were let off later.

'' High security has been deployed surrounding the BSE building and we have also deployed two companies of the State Reserve Police to deal with the situation,'' Assitant Police Commissioner Mohammed Ishaq Baghban told UNI.

Meanwhile, in a related development, Uttam Jain, a small investor, urged the government to remove the Bull statue, which was put by the government after the new BSE building came into being after being bombed in 1993.

''This bull statue has not proved lucky for the market as ever since it has been put up here, the market has never been in good shape for a long time. The market has began fluctuating more and more since the statue came up, before that it was much steady,'' he said.

UNI IAS/AAA SR SM1648

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