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.

Tuesday, April 09, 2013

Market Mantra
Tulip Telecom Ltd hits another buyer freeze in the morning trade, for the reasons best known to all. The company is making Asia's largest data center. The stock is expected to hit non-stop upper circuits in the coming days. CMP: Rs.10.98.
Geodesic Ltd today, hit the upper freeze before cooling down a bit. Since, the outlook for the IT stocks are good, this scrip is also expected to do well, in the coming days. CMP: Rs.10.30.  The IT bellwether, Infosys Tech, will declare the results on 12th of month, which is expected to give some buoyancy to the stocks in this space.
Today Nifty_Futures recommended yesterday, reached my first target of Rs.5600. Nifty has moved up from its oversold position and is finding support at current level. The rally in the market is expected to continue, with Nifty now moving toward 5700--5750 ranges. The markets are likely to hold on the 5525--5550 levels.
Resistance: 5580 / 5600
Support: 5530 / 5500
Most Asian indices rose with Japan's Nikkei hitting a near five-year high as yen hit multi-year lows against the dollar.
US equities ended only slightly up on Monday as investors avoided large bets ahead of index heavyweight Alcoa's first-quarter earnings (These are the excerpts from my morning inputs to the Paid Service Members and also to those who are trading through my recommended brokerage house).  In these kinds of markets, it could be suicidal if you do not play without the guidance of experts.
Glodyne Technoserve Ltd hit another buyer freeze in the opening trade. The stock has fallen to some absurd levels and is gradually moving to the right place. CMP: Rs.14.64.
There are positive news in the sugar sector: PSU oil companies will immediately purchase 110 mln ltr of ethanol from sugar mills at the market price of Rs.42 a liter, significantly higher than the earlier price of Rs.27. Hence, Sree Renuka Sugar Ltd (CMP: Rs.24.45) will continue to do well in the coming days. 
Reliance Broadcast Nework Ltd is doing well today in most of its verticals. I hope some of you have bought the scrip for some superb gains going forward. Now since, Samajbadi Party (of Mulauyam Singh Yadav) is supporting the UPA government at the centre, we can get some sparks in the Anil Ambani (or ADA Group) group stocks. CMP: Rs.25.50.