Archive for September 18, 2007

Stocks Detox

Publication: The Times Of India Mumbai; Date: Sep 18, 2007; Section: Your Money; Page: 42
Or, how an addiction to stocks cost over a crore, and how it was fixed
It  was 10:30 on a sultry May morning in 2006. Businessman Ashutosh Agarwal was watching the stock ticker on a business news channel with a growing queasiness in his gut. He was sweating profusely. The market had just plummeted 700 points. He was up to the ears in risk. He had taken on more than he could afford, because the market was soaring a few months ago, and makign a quick buck had never seemed so easy. If only things had stayed that way.