The Indian National Congress originally when adopted to socialistic pattern of society in India, wiped out princely states, zamindari systems etc., to reduce the gaps between rich and poor. Above is the magnitude of wealth that is earned without much hardships, while the other side, millions of poor struggle hard to acquire one time food for the entire family! Is this the way a gap can be minimised? Defective functioning of monitoring agencies like S.E.B.I., R.B.I., T.R.A.I., etc., have been brought to the notice of the government in some cases. There is nothing like left or right but conscience driven mind and heart! Right and left are slogans of those greedy and selfish few who try to run away with total benefits! Unless strict and drastic actions are initiated against the erring people quickly, poor will grow poorer and rich will grow richer! U.P.A. act now!
That could be one of the reasons in sudden spurts in prices of some of the stocks. An example could be Petronet LNG, whose shares were languishing for a long time in the region of Rs 25-28, suddenly spurted to Rs 40-43 price band.
The lay investor always gets the sticks instead of the proverbial carrots!
