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.

Wednesday, September 11, 2013

Market Mantra
Yesterday, the Nifty moved as expected and closed with a a spectacular gain of 216 points. The market opened with a huge gap, which was followed by sustained buying by the bulls in the run-up to 5900-plus. The bulls were in full control of the proceedings throughout the days and Nifty finally settled near the top of the day.
After a long period on uncertainty and volatility, market seems to have taken an upward direction now. Nifty has recovered 786 points from the low of 5118 in just nine trading sessions. This shows nothing but a reversal and increases the possibility of a medium term uptrend ahead. However......(This Portion is for the Paid Group Members / Clients).
US indices ended higher Tuesday on encouraging economic data from China and as tensions lingering around Syria eased. Key Asian indices are trading mixed as some of them gave up gains on profit booking.
Fundamentally speaking, the share indices are trading flat after yesterday's massive upmove. With the focus now being shifted to the small and mid cap space, the indices are expected to be range-bound for the next few trading sessions.
Today's Call: Buy Opto Circuits Ltd at Rs.25.50--26, for  a target of Rs.32. When most of the pharmaceutical stocks are doing fine, this stock is yet to spurt up. Even in these kinds of markets, the company came out with a net profit of Rs.22 Cr, in Q1FY14, which gave an EPS of Re.0.92. The annualized EPS for FY14, comes around Rs.4-5. Also, it's 21 DSMA>50 DSMA, which indicates bullish formation on the chart. However please keep a SL of Rs.23.50.
Gold price in MCX Ltd is marginally up (flat) today, after yesterday's fall. The seasonal demand would keep the price of the yellow metal buoyant during the coming days. As long as Gold prices in India does not go below Rs.24, 000, there is nothing much to fear from investing in the shares of gold loan companies. CLICK HERE. The loans given are for the short term, hence, they are more or less safe. I have spoken with the sources of Manappuram Finance Ltd (Rs.17.25) who said, the company is now taking steps which would increase the shareholder value. Meanwhile the company has appointed Mr. Kapil Krishan, as the Chief Financial Officer of the Company. He has joined the Company on September 09, 2013.Those who are holding the scrip can keep holding with a SL of Rs.16. 
Now suddenly, when the sentiment in the telecom sector has improved one can go for, Tulip Telecom Ltd (Rs.7.85), at this hour. Buy minimum, 5000--10, 000 shares of the company and keep holding. When a rally in the mid and small cap has started, these stocks have to perform. 
Jai Prakash Associates Ltd, today reached the 2nd target of Rs.42 (intra-day it touched Rs.43) and hence, I would suggest all to book at least 80% of the profit. And keep holding the rest with a SL of Rs.38.70. The debt of the company is humungous around Rs.62, 000 crores, which will be reduced by around Rs.3700 Cr. Therefore major part of the debt still remains. 
DECCAN CHRONICLE HOLDINGS LTD has been declared a wilful defaulter by CENTRAL BANK OF INDIA (CBI). The bank has referred the matter to the Reserve Bank of India. Hence, this might have a NEGATIVE effect on the balance sheet of CBI, therefore exit the stock of CBI at around Rs.58, and wait for dips to enter in Dena Bank Ltd around Rs.XXXX. However, those who are a little risk taking can buy Punj Lloyd Ltd at Rs.24.50-25, for a target of Rs.31-32 in the next few trading sessions.