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.

Saturday, December 14, 2013

Market may see some technical rebound on Monday: Jayant Manglik ?
[Editor: On last Friday, I have already given a buy on Nifty_Futures from the support levels. Investors should start investing funds in the markets as of now, because going forward, the fundamentals of the economy is expected to improve. Also, any loss which you made earlier, can be covered up in just few trades. For example look at the the share price of B F Utilities Ltd (Rs.412.90), which closed at the Upper Circuits on last Friday even though the Indices tanked. If you remember, it was recommended around Rs.129-130, only few months back. In a similar way, money can be made over a period of time, through many such scrips---what is needed is only patience and expert hand]
Indian markets settled 1% lower on Friday as weak IIP and higher retail inflation raised concern over possible rate hike on December 18. In addition, concerns over possible Fed tapering in December also weighed on the investors' sentiments. Banking, power and realty stocks led the fall in the market.

At the close, the benchmark 30-share index, BSE Sensex declined 210.03 points or 1% at 20,715.58 with 24 components registering drop. Meanwhile, the broad based NSE Nifty fell by 68.65 points or 1.10% at 6,168.40 with 46 components posting drop.

Commenting on the outlook, Jayant Manglik, president-retail distribution, Religare Securities said, "On the last trading session of the week, Nifty was seen struggling from the beginning and kept the negative bias intact till the end. It was seen as reaction to double whammy of contraction in IIP and surge in Consumer inflation. Moreover, sentiments also remained dampened after RBI Governor Raghuram Rajan showed concern over rise in inflation and weak industrial growth and vowed to adjust the credit policy carefully. 

Due to successive decline in the last four sessions, we may see some technical rebound on Monday especially in oversold positions. The immediate support at 6100 in Nifty strengthens our stance. 

The recent decline in Midcap and Smallcap segment has somewhat pushed the retail investors on their back foot again. However, we are advising our clients to keep a slightly longer investment horizon and accumulate quality stocks irrespective to these corrective phases." 

Courtesy: www.myiris.com