Stock investors are in a tizzy because of the Karvy scandal. Equity investing in India is difficult enough without worrying about whether the broker is going to take possession of your stocks, sell them off and appropriate the proceeds. According to the conclusion that a Sebi investigation has come to, that is exactly what Karvy Stock Broking did with several hundred crore rupees worth of shares that belonged to its clients. The shares were transferred from the clients’ depository accounts, sold ..............ET