Business | Posted on Feb 18, 2008 at 05:46pm IST

Mkt speculation beyond persimissible levels

CNN-IBN

New Delhi: Speculation in the stock markets is beyond permissible levels, sources told CNN-IBN.

This was also the gist of a report made to the parliamentary committee on finance.

The panel was discussing the recent volatility in the stock markets, sources said.

Top finance ministry officials made a detailed presentation to the panel, and discussed some big names playing the stock markets.

But the panel was also told that market fundamentals are very strong and there's no need to panic.

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