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Share market slumps to Rs 5,000, says Chairman Bhatta

Kathmandu. Chairman of the Securities Board of Nepal (SEBON) Dr. Gopal Bhatta has said that the government has brought a roadmap for the development of the market.

In the meeting of the Finance Committee, he said that everyone is happy when the market falls and everyone is happy when the market rises. He claims that even if Bhatta reaches Rs 3,000, Rs 3,500, the investors will not be happy. “Even if the market goes down to Rs 5,000, Seban will be surrounded,” he said, adding, “For the first time in my life, I have faced siege.” “

 

Chairman Bhatta said that SEBON cannot say whether to increase or decrease the market.

 

He claimed that he was going to bring short selling and it would be in the interest of the market.

 

“We’re going to give you a playground. It’s the job of the investor to play the game,” he said.

Chairman Bhatta said that action would be taken if he came to know about the pre-IPO. He claimed that the preIPO would be reduced to zero.

He said that the equipment will be added in the market.

 

 

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