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, June 18, 2014

Market Mantra
The Nifty is  now comfortably above the immediate support and thus it again becomes buy on dips. The Asian markets are not doing too badly. Moreover, any rise in oil price would be positive for the Crude Oil Exploration Companies (RIL, ONGC, Selan Exploration, Shiv-Vani Oil and Gas exploration, etc). The tensions in Iraq is very little to do with India. Hence, these are times to accumulate good stocks, which have fallen from their peaks. 
Today's Call: (i) Buy Suzlon Energy Ltd at Rs.28.20-29.30, T--Rs.34-35, SL--Rs.27. It seems for the moment the scrip has completed the correction. The dip today, seems to be good for buying. 
(ii) Book Profits in Veer Energy and Infrastructure Ltd (Face Value: Re.1) at Rs.6-6.10, because one of their major projects might get delayed. Also, there are some management issues in the company. The scrip might again come down to below Rs.5.5. Invest the same money either in IVRCL Ltd at Rs.25 or Allied Digital Services Ltd at Rs.21-21.40. 
Resurgere Mines and Minerals Ltd hits another buyer freeze in the opening trade at Rs.2.12 in the BSE. The scrip is expected to hit continuous buyer freezes from here. 
The Rights issue of IVRCL Ltd (Rs.24.40) is on the anvil. The investors are suggested to buy the scrip in bulk and keep holding. There are lot of positive news coming in the company. 
Allied Digial Services Ltd, hit the buyer freezes in the afternoon trade at Rs.21.40. The scrip was asked to be accumulated yesterday, in this blog. 
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