IMPHAL, June 29: “Investing money is very profitable but there is a risk factor associated in all markets. Investors should know the role played by Security and Exchange Board of India, SEBI,” said district youth coordinator, NYK Imphal West Y Laksman Singh.
According to a press release of the Nehru Yuva Kendra Imphal West, he was speaking at an ‘Investor Awareness programme’ today.
The programme was organised by the NYK, Imphal West in collaboration with SEBI Guwahati and the National Stock Exchange of India Ltd, Kolkata at the Kuranganayani Hall of DC Office, Lamphelpat.
It said the program was attended by Professor N Muhindro Singh, chairman of District Planning Committee, Manipur, Sahib Singh, zonal director of NYKS and Kh Devabrata Singh as chief guest, president and guest of honour respectively, including 120 participants.
Sidhartha Sanganeria, assistant general manager, NSE and Hmar, assistant general manager of NSE Guwahati attended as resource persons, it said.
Further according to the statement, Y Laksman Singh had said that people need to spend some time before investing their money.
It said Devabrata had pointed out that in a market driven economy lot of information, logistics are required.
He said the ups and downs in the market are taking place even in a day, is said.
Further according to the statement, Devabrata had said that people need to check the balance sheet carefully before investing money.
The zonal director, NYKS Sahib Singh warned about the chit funds not registered under SEBI and said that any doubt, suspicion on any issue can be clarified from SEBI a any point of time, it said.
He further appealed to the youth club members and the NSS students to work together for the betterment of the society and for self-growth and personality development in the future, the statement said.
It has further added that NSS programme officers and students of Manipur University, Oriental College, Imphal College and the leaders of Mentor Youth Club also took part in the program.
Folk songs and dance were presented by the artist of Lairenkabi Dramatic Union, it said.