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, September 05, 2013

WINNING STROKES: THINK DIFFERENT
Yes Bank Ltd recommended, on last Wednesday touched Rs.293 intra-day before settling at Rs.287.35, a jump of more than 20% in one day. In the same space, Karnataka Bank Ltd was recommended yesterday to the Paid Group members, at Rs.78.50, the scrip touched Rs.86.60 on Thursday, before closing at Rs.85.65.
MCX Ltd which was recommended around Rs.255 and Rs.270, today hit another circuit to close at Rs.453.20, which is almost near my 2nd target of Rs.470. The scrip has been hitting non-stop upper circuits from around Rs.280.  
Buy Tulip Telecom Ltd at Rs.8.15 for a target of Rs.12-15, SL-Rs.7. The Board of Directors of Tulip Telecom has by way of passing a Resolution by Circulation on August 30, 2013 accorded their approval on the appointment of Mr. Anuj Bhargava (Nominee of ICICI Bank) & Mr. P.C. Bandivadekar (Nominee of Tata Capital Financial Services) as the Non-Executive Independent Directors of the Company w.e.f August 29, 2013.
Today SAIL was recommended to the Paid Group at Rs.47.70, on the hope that after monsoon, the constitution activity will pick up. Tata Steel Ltd has raised prices of its flat products by 5%, and those of long products by 3-5%. CLICK HERE. This is expected to have positive impact on the shares of all Steel Companies. Meanwhile, Bloomberg reports: The fastest Chinese steel output on record is still too slow to meet demand from builders, reducing inventories and driving prices toward a bull market. CLICK HERE.
Today Manappuram Finance Ltd though recovered from the lower circuits but still it closed with a loss of  around 3.8%, which surprised me. It is because when most of the Bank Stocks are moving up and the Sensex was up more than 400, it was unusual to see this kind of momentum counters, hitting the lower circuits. What was a little baffling is that, inspite of sources confirming that there is no problem in the company and gold price recovered from their early losses a to move higher by Rs.160 to Rs.32,764 per ten grams in futures trade (as speculators enlarged their positions, moving in tandem with a firming trend overseas. Gold price in overseas markets, which normally set price trend on the domestic front, edged higher today as investors looked for bargains after a sharp drop in the previous session, but it stayed below the key level of $1,400 an ounce as upbeat US data dented its appeal as an alternative investment), the scrip closed in the red. This raises questions as to who is playing with this share, when even its peer group company Muthoot Finance Ltd (touched Rs.124.95 today) is doing much better. Is there any circular trade going on in the shares of Manappuram Finance Ltd, because a large FII has taken position in the counter? The regulatory authority should immediately take steps, so that any attempt to do mischief with the share price is nipped in the bud.