Tame the beast

Recent controversies in the stock market have raised doubts among investors.

The allegations of insider trading labelled against the Securities Board of Nepal Chairperson Bhisma Raj Dhungana and Nepal Stock Exchange Chief Executive Officer Chandra Singh Saud have come as bad news right when the stock market is riding the bull and investors are excited. Dhungana's daughter, Rebika Dhungana, and Saud's wife, Sushila Kumari Bohora, are reported to have purchased 11,911 shares each of Sarbottam Cement, which is preparing to make an initial public offering through the book building method after it was registered as a public limited company.