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, January 08, 2015

Today the Indian markets bounced back as expected. Nifty which corrected ~380 points or around 4.5% from the recent high of 8445 within three trading days, was looking for a bounce; as per prevailing data. Moreover, Nifty reached the crucial support area of 8000 from where a reversal of trend seemed imminent, especially after yesterday's FII and DII data. 

Today, also though the FIIs went for selling of Rs.466.78 Cr of Indian equities but the Nifty closed in the Green at 8234.60 (up by a massive 132.50 points).  Meanwhile, the Indian markets are witnessing relentless buying from the DIIs and Local Investors, which is probably able to absorb the FII sell figures. What the government of India has now to do is to bring in attractive schemes so that more and more retail investors joins the equity fold. In this way the Indian markets will gain more stability and become less dependent on the "Casino-like-FII-money". 
Today my recommended Pipavav Defence Ltd touched Rs.53 intra-day before closing at Rs.52.65, up by a massive 18.18%. The stock thus met, all my short term targets.
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