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, April 08, 2013

Market Mantra
As expected Tulip Telecom Ltd hit the buyer freeze in the late afternoon trade. After such a positive news, the stock cannot but hit the buyer freeze. Now those who have invested in the scrip watch non--stop upper circuits in the next few trading sessions. Also after Tulip Telecom Ltd try to buy Reliance Broadcast Network Ltd at Rs.25.30 and Geodesic Ltd at Rs.10.20--both the scrips are expected to hit the buyer freeze in the coming days. 
Buy Nifty Futures at 5560, T--5600, SL--5530. The Nifty have become oversold and is finding support at current level (5550-5530 band), unless breaks down decisively, chances of a rally cannot be ruled out. 
Resistance: 5575 / 5600
Support: 5530 / 5500
Key Asian markets were subdued in early trade today, but a report that the Bank of  Japan would implement its bond buying plan to tackle deflation this week helped the Nikkei rise 2%.
US stock indices ended down Friday but dramatically recovered at the end of late trade. 
Fundamentally speaking, the indices are likely to trade range bound but action would be more or less stock-specific. With Infosys Tech coming up with results on 12th April, 2013, we could see some positive developments in the IT counters.
Southern Online Bio Tech Ltd hit the buyer freeze in the opening trade. But still there is time for the new plant to start commercial productions. Please use these kinds of opportunities to book at least some profits in the counter. It is because once the stock starts hitting lower circuits you cannot exit. CMP: Rs.6.21. 
The sugar stocks should do well after partial decontrol of the sector. Today, I got a recommendation from a brokerage house to buy Bajaj Hindustan at Rs.21, T--Rs.30 and SL--Rs.18. Even other of my recommended counters like Shree Renuka Sugars Ltd (CMP: Rs.25), Dharani Sugar Ltd (CMP: Rs.31), etc, should continue to do well in the next few trading sessions.