No scam in the offing in stock markets (BSE) : FM

The Finance Minister P Chidambaram on Monday asserted that "no scam was in the offing" as made out in certain sections with the Sensex surging towards the 8,400 mark. "There is no cause for alarm. It is completely wrong to say a scam is in the offing and I deny such reports," Chidambaram told PTI....

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