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, February 19, 2015

Market Mantra
Jindal Saw Ltd recommended yesterday at around Rs.77-78, today touched Rs.83.45, intra-day and is now trading at around 82.30. The scrip should do well in the coming days, as the company has been coming up with good set of numbers since the last couple of quarters. 
Today's call: High Risk Taking traders can buy Rasoya Proteins Ltd (BSE Code: 531522) in NSE at R.0.60 (60 paise) or BSE at Re.0.59. This is an A-group company but due to some management issues, the scrip came down from Rs.20.80 to Re.0.57. But now it has started to show some upward movements. This is a solvent extraction company based out of Maharashtra and operates in Soya Products (Soya Cakes and Soya Oil). A group of operators are playing with this scrip since the last few months and hence the regulators like SEBI should take actions against them. How is that the surveillance mechanisms of major stock exchanges in India (BSE and NSE) are not able to detect such high level manipulations? SEBI should either stop trading in the counter or make efforts to stop high scale operator activities. However Safe players should avoid this scrip.
Firstsource Solutions Ltd today touched Rs.33.70, intra-day and is now trading at Rs.33.20. The company came out with flat numbers for the Q3FY15 and hence, I had put a hold on the scrip.
My recommended Pipavav Defence and Offshore Eng Ltd today (19/02/2015) made a new 52-week at Rs.85.00 and is now trading at Rs.78.75. It reached all its short term targets and nearly touched its medium term target of Rs.90, in just few months of my recommendation. The investors should do well to book some profits now.
In the Budget-2015, the government is likely to come up with some sops for the steel (and Ferro-alloys) sector. In such a scenario, Rohit Ferro Tech Ltd (Rs.8.40)  is a must buy for a target of Rs.12-14. 
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