Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌

Thursday, March 21, 2013

Market Mantra
[Why does the current FM not abolish short term Capital Gains Tax to bring in some cheer in the equity markets? This government has virtually done NOTHING for the share holders. In fact they are going for distress selling of Navratnas, to gather weath. They sold NALCO Ltd below the book value and I am sure they will SAIL also below the book value. This all due to Rs.60, 000 Cr loan waiver package to farmers and due to wrong policies by both the government and the central bank.
Now on what ground do the ruling UPA, expect VOTES from the stock market participants and their families? DMK has done the right thing, though on a different but an important issue. These people are busy making money for themselves only, they are least bothered about the country and its people. There is a Rogue RBI, which has a clerk in the form of governor, who neither has any vision nor any mission. When the whole Indian economy is going down, he is busy, looking at the dead Inflation numbers to take future decisions. Why are tax payers money wasted on such inefficient institutions, I have no idea. Also, this country is having a DEAF and DUMB Prime Minister since the last 8-9 years. Shame upon our Polity. Let them all resign now and go for fresh elections. This government has gone for a toss and people have lost confidence on them. Indians should vote EN MASS to defeat these JOKERS, who are governing us
Crest Animation Studios Ltd is hitting continuous upper freezes. The stock fell due to some wild selling, the company from here, is expected to give decent returns. 
Tulip Telecom Ltd will get the consent for approval of its CDR Package by the end of this month. The top honchos of the company  are in constant touch with the bank officials to find out a way to restructure it debt. The stock should start hitting upper circuits anytime from now. Have patience till the CDR scheme gets approval, because except some liquidity crunch the company is performing fine and its book value as of now is Rs.96.51. a company of the size and reputation of Tulip Telecom Ltd cannot become one tenth of book value, this is absurd . CMP: Rs.9.20. 
RBI has reduced the Repo rates but at the same time the PSU banks have not lowered the PLRs, as they say, the demand for the loans has started to pick up once again. This is positive for all the PSU Bank stocks and I am specially bullish on Central Bank (CMP: Rs.69), United Bank of India (Rs.57) and SBI (Rs.21.42)--go full hog on the banking counters. 
There are some positive news coming in IVRCL Ltd regarding its projects. The company has a massive order book of Rs.22, 000 Crore, Repo rate cut by the RBI is positive for all the infrastructure companies. Hence buy the stock at the CMP of Rs.20.30.
Yesterday's buy call on Nifty_Futures at 5720, reached the target of 5760 today and in fact the Nifty_Futures touched 5772 intra-day. With positive cues coming from the UPA government and also from both the US, China and EU, and also March is coming to and end, I think for the moment the days of BEARS are OVER. We can look forward for the Nifty levels of 5790--5820, in the coming days.BULLS can now slowly start to accumulate good beaten down scrips.