Business Standard

Is A Capital Market Cave-In Ahead?

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Sangita Shah BUSINESS STANDARD

Liquidity crunch apprehended in April, which could spawn broker crisis

Is a stock market failure on the cards? The thought may sound grim and far-fetched but it may not be far from the truth.

Stock brokers in Mumbai are fearing a severe liquidity crunch in the market beginning April, which may lead to a broker crisis, arising out of distress sale in the end of the current month.

One broker has already closed shop before the crisis could hit him, but the more sanguine

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First Published: Mar 17 2003 | 12:00 AM IST

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