Has time run out for DSE?
New Delhi, August 25 The Delhi Stock Exchange (DSE) will implement its revival plan from October 1 but capital market experts and brokers feel that the local bourse has been in slumber for too long and now it is too late to resurrect it. DSE has lost its meeting, it simply does not have the scale to be viable, Mr Dhirendra Kumar of Value Research said, while Prithvi Haldea of Prime Data Base said the local bourse had awakened too late. DSE should have read writing on the wall five years back, now it is too late, Mr Haldea said. They should have responded when NSEs volume started rising five years back and BSE opened its terminals for other exchanges three years ago, he added. Mr Kumar said DSE had basically been regional bourse and it did not have the scale to attract players. Companies are getting delisted from the bourse. The revival package of DSE, approved by the Governing Board on Monday last, was quite contrary to the earlier proposal of appointing market makers. According to the
