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.....👍✌

Sunday, April 07, 2013

Overseas investors pours Rs.639 crore into Indian equities during the first week of the current fiscal
Overseas investors have poured in Rs 639 crore into Indian equities during the first week of the current fiscal, but experts fear a possible sell-off in the coming days amid political and economic worries.

From April 2-5, Foreign Institutional Investors (FIIs) were gross buyers of shares worth Rs 14,378 crore, while they sold equities amounting to Rs 13,739 crore -- a net investment of Rs 639 crore (USD 118 million), as per Sebi data.

The net inflow is despite the fact that FIIs sold equitiesin 3 of the 4 days.

Market experts believe however that the stock market would see heavy outflows in the next few trading sessions because of profit booking, amid concerns over high current account deficit (CAD) possibility of early elections.

"We could see huge FIIs outflows from the stock market in the next few trading session," CNI Research CMD Kishor Ostwal said.

Similarly, Head of Research at Geojit BNP Paribas Financial Services Ltd, Alex Mathews said: "Foreign investors are expected to pull out from the Indian stock market in the next few trading sessions.

"Although, we have witnessed net inflows during the month, in the last few trading sessions, FIIs have pulled out from equities because of factors such as profit booking, CAD touching a record high and political uncertainty."

As for the debt market, FIIs have pulled out Rs 629 crore during the period. This takes the overall net investments by FIIs into debt markets to Rs 12,115 crore (USD 2.24 billion) so far this year.

During this period, FIIs have invested Rs 56,262 crore (USD 10.4 billion) into the Indian equities, after investing USD 24.4 billion in 2012, about USD 5 billion below record purchases two years ago.

As on April 5, the number of registered FIIs in the country stood at 1,759 and total number of sub-accounts was 6,354.

Courtesy: Indian Express