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, December 02, 2015

Brokerage Report: Nifty, Metals and Energy Market Updates 
The Metal Stocks are likely to gain in future as the Reserve Bank of India (RBI) has kept its benchmark interest rate unchanged, after a monetary policy review. 

The RBI kept its benchmark interest rate viz. the Repo rate unchanged at 6.75% after a monetary policy review yesterday, i.e. on 1 December 2015. 

The central bank also kept the cash reserve ratio (CRR) for commercial banks unchanged at 4% of net demand and time liability (NDTL). 

Now coming to Nifty Futures, it can be said that as long as it does not close BELOW, 7920, the market is NOT expected to go DOWN, much from here.... 

In fact the current trend in the Nifty_Futures, is likely to take it towards the first weekly resistance of 8010 mark in this week. 

However, today Nifty_Futures (31 December, 2015) closed at 7959 (down 28.75 points) which is below this resistance level.

Now, if tomorrow there is further selling in the opening hours then this might take Nifty_Futures, towards the trend deciding point of 7920--further selling pressure here could change the immediate trend to negative. 

In such cases, the Nifty_Futures might slip towards 7860 mark or 7780 mark depending on the supply pressure. 

On the other hand, if tomorrow the demand remains strong and the Nifty_Futures are able close above 8010, the Bulls could see the next higher level of 8060, followed by 8140 mark.

Today the Bank_Nifty closed at 17283 (down 191.60 points). However, during this week as long as it does not close BELOW the level of 17275, it is NOT expected to go much BELOW, from here. The current trend is expected to take the Bank_Nifty towards the first weekly resistance of 17510 mark. 

Now, if the Bank_Nifty closes above the first resistance point of 17510, then the immediate trend could take it towards the next level of 17685 mark or 17920 mark, depending on the demand pressure. 

On the other hand, if the Bank_Nifty fails to close above 17510 in this week, then there are chances that it might slip towards 17275 mark. 

A further selling pressure at this level (of 17275) could turn the intermediate trend in Bank_Nifty, to negative and it might nosedive to 17100 or 16865, depending on the supply pressure.
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