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.....👍✌



Wednesday, April 22, 2015

What is the criterion of putting the shares of some companies in the T-group for weeks?
I had earlier written many times about the "Brinkmanship" of the BSE and NSE officials when throwing stocks in the  T-group is concerned. Hence, this writing will be no different except, that I have put the same question at the end of this write up. 

You must be aware that the BSE and the NSE have a unique-group called T-group, where the stocks of some companies are kept for "Correction" not for days, but sometimes for months, so that their share price probably come to the level, which has been desired by the stock exchanges. The game is governed by some hidden protocols or no one except the stock exchanges officials or their "Friends"know, when a share of a company will come out of this Jail.

What is more interesting is that a particular stock starts to move up or fall down, much before the stock exchanges actually goes in for a formal declaration of putting in or bringing out of the T-group. Now, the question is who benefits from this exercise: obviously those who have insider information or those traders/investors who are in hand and glove, with some of the officials of the surveillance department. Isn't it? 

Look at the volume of some of the shares traded in the T-group: 
(i) Genera Agri Crop Ltd (Rs.4.62)--6843 shares
(ii) Rasoya Proteins (Face Value: Re.1; CMP:Re.0.56)--12.41 lakh shares
(iii) ABL Biotech (Rs.4.75)--0.25 lakh shares
(iii) Alka Diamond (Rs.19)--2 shares
(iv) AI Champdany (Rs.17)--100 shares
(v)  Alpha Hi-Tech (Re.0.76)--700 sahres
(vi) Birla Capital (Face Value: Rs.2; CMP: Re.0.56)--4500 shares
(vii) BKV Industries (Face Value: Re.1; CMP: Rs.3.09)--346 shares
(viii) Bhagwati Oxygen (Rs.48.60)---260
(ix) Bihar Sponge (Rs.3.02)--0.18 lakh shares
(x) Bhagwandas Metal (Rs.8.95)--200 shares and so on.....

I really do not understand the logic of keeping all these shares in the T-group (and many others whose  name do not figure in the above list), for such a long time. This move punctures the shareholders' wealth and should be treated as an economic offence (strictly speaking). 

Anyway, really, pathetic is the management of the Indian Stock Exchanges and therefore, many of the small and mid caps are still trading near their 52-week lows, even when the Nifty and Sensex is near their all-time high.

Will the stock exchanges clarify on what basis a stock is pushed in the T-group and then taken out....?
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