Most of us are investing in the stock market nowdays but have you ever spared a thought on whether you are trading in a safe environment and whether all the systems are in place in the exchanges.

Atleast i thought so considering the voluminous transactions i was doing for the past couple of years. But i was surprised to see that the National Stock Exchange’s system failed to adjust the market capitalization of Reliance Industries appropriately for calculation of the Nifty on January 19, when the stock commenced trading as a de-merged entity.

Finaly The Securities and Exchange Board of India (Sebi) ordered an audit of the systems of the National Stock Exchange (NSE) to see if its systems and procedures are firmly in place.(sighh of relief!!!)

I hope the audit proves fruitful in making the system more dependable and safe.

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