Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Thursday, February 21, 2013

Market Mantra
Glodyne Tech Ltd, hit the 2nd consecutive buyer freeze, and I have explained recently, why this stock should be accumulated. 
Geodesic Ltd has come out of the Freeze and those who could not average the scrip earlier should do it at the earliest. The stock could start hitting buyer freeze anytime from now. 
KFA Ltd hit another buyer freeze, both due to bullishness in the company and also due to the overall buoyancy in the aviation sector. It should now continuously hit the buyer freeze at least till Rs.14. Today, after lot of tries since the last few days, I could increase my holding in the company.
MANY INVESTORS FORGOT THIS REGARDING TULIP TELECOM LTD: The company's CMD announced that, he would be buying about 2.5 crore shares through convertible warrants for himself at about Rs.80 per share, bringing in almost Rs.200 crore into the company. And in early 2012, Tulip Telecom Ltd invested about Rs.900 crore in building the world’s fourth-largest data centre in Bangalore. NOW SHOW ME THE LOSS, IF ONE BUYS THE SHARES OF TULIP TELECOM LTD AT Rs.12.70, especially CDR is now given. CMP: Rs.12.60.
A good trend has emerged........buying has started  in the small (and also to some extent in mid cap) space, while there is selling in the large caps. Some of my earlier recommended counters like Glodyne Tech Ltd, Vijay Shanthi Builders Ltd, KFA Ltd, Lok Housing Ltd, Southern Ispat Ltd, etc, are all in the buyer freeze. Apart from that Arshya International (old favourite), Twilight Litaka Pharma Ltd, IRB Infrastructure Ltd etc. are also doing well. Now if the commodity prices goes down, then it will be good for the Indian Markets. Indian markets are not like Russia, which are more or less commodity driven. Moreover, any tightening of the interest rate in the US, will be helpful for India in the inflation front. So, if the US does tightening, then India could go on having a loose  policy.