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, October 08, 2013

Market Mantra
Punj Lloyd Ltd which was recommended yesterday, at around Rs.25, for a target of Rs.27, is now trading at Rs.28.25. Those who have invested in the scrip can book some profits and invest the same in ARSS Infrastructure Projects Ltd (BSE Code: 533163) at Rs.20, for a target of Rs.25. The stock exchanges have unnecessarily put the stock in the restricted category, when there is neither volume or movement in the counter. The government of India should remove all the inefficient people managing the exchanges. It is because of these people the scams  involving Financial Technologies, NSEL and MCX Ltd takes place. What is the need to put a stock in the T-group or make the circuit as low as 5%, when there is hardly any trading in the counter? Are the authorities insane... or blind? CLICK HERE.
The Gold Loan Companies like Manappuram Finance Ltd (Rs.15.70) and Muthoot Finance Ltd (Rs.99.60) should move up at a top speed as the companies are set to get double benefits: (i) The MSF rates has been cut (CLICK HERE), which will make the cost of funds less and (ii) The gold prices have been steady since the last couple of months and has never fallen below, 20% from the peak price. If you can remember, the LTV of the gold loan companies is only 60%. So, this will make the loans not only secure but also, give confidence to the minds of the investors. Also, since the price of the gold has steadily increased from Rs.25, 000 per 10 gm to around Rs.29, 000 plus a gram, the value of the assets of the company (gold) will also increase. Therefore, just wait for a blast to happen in the counter of the Manappuram Finance Ltd.
Geodesic Ltd (Rs.5.02) and Glodyne Tech Ltd (Rs.8.97) have also hit their respective buyer freezes. It does not make any sense, to keep the circuit as low as 5% per day, when there is no such restrictions in the F&O segment. It is because all of all these highhandedness, that we do not find any uniformity in the market--some stocks go on rising, more than 25% in a day, while in case of others their movements are restricted, to sometimes even less than 2%. This is a weird concept, which the government needs to think about seriously. The government of India should revamp the management of the stock exchanges if its want to bring the retail investors back in the stock markets. This (Retail Investor) community has gone extinct due to mistreatment given both by the brokers and the stock exchanges.