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Sensex may touch 19000 mark
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When BSE (Bombay Stock Exchange) Sensex closed at 21206.77, its all time high on 10th January 2008; almost every one was saying that this market rally will continue and touch 25000 -28000. But in the same year on 20th November 2008 the NSE Nifty closed at 2553 points while BSE Sensex closed at 8451 points, its lowest since 14 November 2005.
This obviously created panic and every body was saying that the BSE Sensex will touch 6000 but then market started recovering after 12 March 2009 with Nifty touching 4700 and Sensex 16000 points on August 4, 2009.
With the improved market sentiments several companies are raising funds through various routes such as IPOs (Initial Public Offering), QIPs (Qualified institutional placements) NCDs (non convertible dentures) etc.
But now stock markets are going down again on concerns of poor monsoon rains that have pushed India’s domestic-demand-led economy to the brink of drought, putting pressure on food prices and energy supplies and imperiling growth. Between the start of the monsoon season on June 1 and Wednesday, rainfall was 29 percent below normal.
In such a gloomy situation when there is no clarity or option people turn to astrology to find answers. So the questions few of my friends ask, when will the market improve? Should we invest now? Do stars indicate anything? etc etc.. Some times just to pull my legs! I have no problem with that.
However, as per my own wisdom there are definitely astrological reasons. For example, from June 15 to July 13 BSE Sensex lost about 1800 points. The BSE index closed at 15237 points on June 12, 2009 and from then it was down to 13400 points on July 13, 2009 for exactly one month. As per astronomy Sun moved to Gemini on June 15 while Jupiter turned retrograde (backward movement) in Aquarius sign and as per astrology this is what caused investors’ sentiment turn a bit negative! Jupiter will turn positive in December 2009.
From mid of July Sun as moved into Cancer and BSE Sensex moved up to 16000 levels on August 4, 2009 but this positive momentum may not continue particularly after mid of August due unfavorable planetary positions. Jupiter in its backward journey has moved to Capricorn on July 30, 2009. Which means market sentiments may weaken further in days to come and the share market may go downwards.
Mid of August onwards Sun is transiting in Leo along with Saturn and may not be favorable for markets including government, government owned institutions and companies, political leaders, people in higher authorities and masses in general.
Big Change
On September 9, 2009, Saturn will enter Virgo sign of Indian Zodiac and will stay in this sign for two and half years. Which means the planet of justice will influence the food & beverages industry and grocery business bringing delays and scarcity. The other businesses which may also be impacted are- work market, insurance, entertainment, art, advertising & goodwill values, maritime, shipping, water supply including everyday communication - short travel, internet, mail, phone, media and lower education. Stock markets may move forward quite slowly in the next one year and may touch 19-21k points before Dec 2011.
Challenges Ahead Returning to a high growth rate is the greatest challenge facing India, with a weak monsoon making the task harder, but the economy may improve by year-end, Prime Minister Manmohan Singh said in his Independence Day speech on Saturday.
Economy Outlook Finance Minister Pranab Mukherjee said on Tuesday he expected growth in 2009/10 to be over six percent, as forecast earlier and in line with a central bank estimate, despite the monsoon shortfall. Low rainfall has slowed the refilling of India's main reservoirs, threatening the supply of hydro-electric power which accounts for a quarter of India's generation and reducing availability of water to irrigate winter-sown crops such as wheat and rapeseed. Farm minister Sharad Pawar said on Monday that India needed to increase the planting of winter-sown crops and improve irrigation to make up for the damage to farms.
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Planetary transits November-2008 – According to Indian Vedic Astrology Sun enters Scorpio on 16th Nov., Mars enters Scorpio on 8th Nov., and Mercury enters Scorpio on 20th Nov., Venus enters Sagittarius On 8th Nov 2008. No change for Jupiter (Sagittarius) , Saturn (Leo), Rahu (Capricorn) and Ketu (Cancer General Indications: November will relatively be slow and steady month compared to October 2008. Global markets may find a steady foothold from the 1st of November and thereafter from the 16th of November 2008. Overall the outlook remains negative. Overall economic scenarios may change again by mid December 2008 as Jupiter will enter Capricorn on December 12, 2008 and will stay there for a year. Jupiter in the debilitation sign indicates lot of worry and hurdles for the in -genuine and dishonest people. They will get exposed for sure. Come 2009, over all testing times are on the horizon. Positive month for Gemini, Leo, Scorpio, Capricorn, Aquarius and Pisces born people Average month...
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Jupiter in Taurus Jupiter remains in forward motion in Venus house "Taurus", moving through the degrees of Rohini nakshatra. Jupiter is completing his transit through Venus' earth sign and preparing to change signs to Gemini on May 30. Therefore, we have three more months of this Jupiter transit through Taurus. Since Jupiter rules positive growth and expansion, is currently in forward motion, and is unimpeded by any negative influences, this could be a really great period to move things forward in the realm of life that the sign of Taurus covers in your own birth chart. Providing a counterbalance even a little more than usual to this urge to grow and manifest inspired by Jupiter, Saturn is currently in retrograde motion through Venus' air sign, Libra (Relationships). Where Jupiter likes to grow, Saturn likes to limit; where Saturn is cautious, Jupiter is bravely hopeful. These two planets tend to play opposing roles as far as basic action goes. Saturn is contr...
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Now that all of us are affected in some way or another by this so called recession. Here is a simple but useful explanation about Markets.. Assets.. and the Bankruptcy concept!!!! There was once a little island country. The land of this country was the tiny island itself. The total money in circulation was 2 dollars as there were only two pieces of 1 dollar coins circulating around. 1) There were 3 citizens living on this island country. A owned the land. B and C each owned 1 dollar. 2) B decided to purchase the land from A for 1 dollar. So, now A and C own 1 dollar each while B owned a piece of land that is worth 1 dollar. * The net asset of the country now = 3 dollars. 3) Now C thought that since there is only one piece of land in the country, and land is a non producible asset, its value must definitely go up. So, he borrowed 1 dollar from A, and together with his own 1 dollar, he bought the land from B for 2 dollars. *A has a loan to C of 1 dollar, so his net ...
On September 5, Mars moves into Libra for 45 days untill October 18, 2010. It is being said in the astrology world that this is going to be period of revolutionary changes. These changes may be personal, relationship-oriented, or community-based, it may affect nations and even have global significance, but whatever is about to occur will probably be historical and memorable. Mars isn't comfortable in Libra, according to astrological tradition. Libra is the sign of Mars' detriment, opposite its natural home in Aries. This means that Mars is considered weak in Libra, because it can not operate in its most natural way. However, modern astrologers recognize that a planet in unfamiliar territory presents unique opportunities, not just challenges. When disparate elements such as spontaneity and strategy, individuality and co-operation or action and reflection meet, the mix is combustible, but very powerful. Those able to harness these seeming contradictions can gain the strengths of...
Yes, that's right with Mars moving into serious and intense Scorpio on Oct 20 at 5am, its a great time to get to the root of the key problems you have been facing on - and - off and ----often. He is the planet of action, energy and movement. Mars represents our physical drives, aggression, passions, anger, self-assertion, confidence, and the motivation behind our efforts and he becomes extremely serious, stubborn, demanding and intense in Scorpio sign, his own house. In the last 45 days Mars was in Libra, hence was fair-minded and accommodating, but now he can be bossy and indecisive. In Scorpio, Mars is at home since he governs the sign of Scorpio and at his best he is passionate, intense, devoted, enjoys challenges/competition, and has an impressively keen intuitive sense. At its worst, obsessive, distrustful, destructive, unforgiving and fearful. While Mars is in Scorpio for the next 45 days, your actions may be motivated with an objective of getting to the source of prob...
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