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.

Monday, February 11, 2013

Market Mantra
Kingfisher Airlines Ltd hit the buyer freeze in the opening trade. Now United Spritis Ltd is also doing fine, in such a circumstance, it is prudent to buy the shares of United Breweries Holdings Ltd which holds large chunks of the shares of these companies. The current market price of U B Holdings Ltd is Rs.79.25.
Tulip Telecom Ltd which has only a debt around Rs.2400 Cr (and talks are going on to restructure the debts) as compared to Suzlon Energy Ltd's Rs.13, 000 Cr, DLF Ltd's (as of 31st ecember, 2012) Rs.21,200 Cr, Reliance Communication Ltd's Rs.37, 661 Cr and so on. Hence, it is imperative that retail investors takes the shares from distress selling before PE investors comes and picks them up at the price of water. CMP: Rs.15.45.
Glodyne Tech Ltd hits the buyer freeze in the opening trade. The company's CMD is in the US, probably either to look for PE investors or for overseeing the north American operations. The comapany's subsidiary is doing fine in the US.  CMP: Rs.15.90.
IRB INFRA: Has started work on its largest project--widening the Ahmedabad-Vadodara highway. CMP: Rs.118. Earlier Kotak Securities Ltd gave a buy call on the scrip with a target price of Rs.184. You should buy this scirp and hold.
Jai Prakash Associates Ltd will come up with Q3FY13 results today (11th Feb, 2013). Keep an eye on the counter. CMP: Rs.72.80.
It is strange how Axis Bank Ltd is moving up even today (CMP: Rs.1482, up 1.99%), when the Wadia Group has dragged the bank to the Bombay HC for not paying a Rs.330-mln final instalment for buying a 350,000 sq ft building in central Mumbai.  Is SEBI aware of this development...........??!!
Market regulator Sebi has allowed stock exchanges to introduce incentive schemes for brokers and intermediaries to enhance liquidity in illiquid securities in the equity cash segment. The decision has been taken pursuant to introduction of incentive schemes in derivatives segment to enhance liquidity in illiquid derivative products, and demands for similar schemes for the Equity Cash market, Securities and Exchange Board of India (Sebi) said in a circular.
Under the scheme, brokers and other market intermediaries are given incentives for a specified period of time to bring in liquidity and generate investor interest in those securities which have limited trading activity. There are more than 2,000 illiquid stocks on leading exchanges.  THIS IS EXPECTED TO BRING IN A RALLY IN THE SMALL AND MID CAP COUNTERS---buy in bulk.