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.

Sunday, February 08, 2015

Housing Development and Infrastructure Limited (HDIL):  Update
The scrip of HDIL was recommended last month in this blog around Rs.69-70 ranges. The stock made a 52-week  high of Rs.115.45 on 6 February, 2015.

Now, we can see the Financial Media, being flooded with recommendations from various sources. Meanwhile, some foreign funds have already taken stake in HDIL: .  
  • Janus Investment fund on Feb. 5 bought 2.24 mln shares at 106.08 rupees/share, according to NSE data.
  • GMO Emerging market fund on Jan. 28 bought 2.27 mln shares at 85.44 rupees/share - NSE.
  • Platinum Asset Management on Jan. 15 bought 2.17 mln shares at 72.51 rupees/share raising its stake to 9.3 pct in the company from 8.8 pct earlier, according to Thomson Reuters data.
  • Australia-based Platinum is the second largest shareholder in the company after promoters - BSE data.
Moreover, in a discussion with CNBC TV18, Kunal Bothra of LKP Securities said, he is of the view that HDIL may test Rs.140. Today (Sunday), recommendation came from a Gujarat based analyst, that the stock has formed a reverse HS-pattern on the Weekly Chart; giving a target of Rs.122 (cross over will create huge buying in this stock & take the stock to Rs.135---140 levels). 

However, I would suggest all of you to take the help of this rally, book complete profits this week around Rs.120-130 ranges (if it at all reaches there intra-day) and exit the counter for the short term. 
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