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, April 18, 2013

Market Mantra
Tulip Telecom Ltd hits another buyer freeze in the opening trade. Today on the NSE, there are more than 1 million buyers while there are no sellers. 
Some of the infrastructure companies, like IVRCL Ltd (Rs.20.30), B F Utilities Ltd (Rs.260), Jai Corp Ltd (Rs.64) are doing well today, due to fall in the cement prices (Prices of cement bags fell 3-6% this month across most markets in the country) and also due to optimism that RBI might go in for an aggressive rate cut, as both the Retail inflation and WPI inflation has fallen. 
Excepts of my mid-market inputs to the Paid Group Members: Inability to break 5475 (Nifty_Spot) and a rise above 5615 has turned the market trend upwards. Nifty has re-entered the zone above 200 DMA. Shares from almost all sectors are participating in the up move setting an immediate target of 5850 for Nifty. It seems that intermediate correction started in February has come to an end and uptrend is likely to get resumed. The traders are suggested to hold on to their longs with a Nifty_Spot target of 5850. Nifty_Spot is now trading around 5700 (at the time of sending the report to the Paid Members). Fundamentally speaking, today, the market is expected to continue to trade strong, after a lot of positive macro--economic factors gave the bulls the necessary bulwark, like lowering of trade deficit, increase of exports, lowering of imports, falling of crude oil price, falling of inflation trajectory, and so on. . 
Today, the stock of Kingfisher Airlines Ltd is doing well and hit the upper circuits in the morning trade before cooling down a bit. There were media reports that: "Kingfisher management sources claimed to have got a nod from the Director General of Civil Aviation (DGCA) to go ahead with its pilot training programme ahead of the airline's re-launch". CLICK HERE. Also, a fall in the crude price is positive for the aviation sector, as the ATF prices will come down. The stock should slowly move towards Rs.14-15,  in the coming days. Today it is moving up with good volume; already 26, 59,699 (more than 2.6 million) shares have been traded in the BSE. CMP: Rs.6.95. 
In the media space, while Reliance Mediaworks Ltd (CMP: Rs.50) is up more than 1%, the other ADA Group comcpany Reliance Broadcast Network Ltd is trading flat at Rs.26.35. Both the scrips should be purchased, as a sea change is expected to take place, post the completion of the 2nd phase  of digitization.