Thursday 13 November 2008

The tower


The front tower shown in the above picture is the Tower of Mumbai University and the tower behind is Stock Market tower which is nearly 5 times higher than the front tower.
The Mumbai University tower was built by British rulers in 1869 in Gothic style while Stock Market tower was built few decades ago.
In the movie “Aastha”, the actor Om Puri wisely says in one scene that previously the Mumbai University tower was higher and now the Stock Market tower is highest (Previously, the importance was to education and now it is to money).
The interesting thing is that though the Mumbai University tower is still hot tourist spot, it was closed to the public after it became a favorite resort for those attempting to commit suicide.
I have only two questions:
After the bloodbath in Stock market about share prices in last two days, many had heart attack. Many had died also because up and downs in the share market last so many years. Isn’t it kind of suicide?
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What Govt. is going to do about this Stock Market tower?

Thank God, I didn’t have heart attack because in second last week only, I emptied all my D-mat accounts for the personal reason. By the way, Bombay Stock Exchange is the biggest in the world in terms of listed companies with 4,800 listed companies as of August 2007. So one can imagine the loss of investors in last two days.


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