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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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I am sure you been wondering how and when C orona virus endemic problem would ease- off or end. Planet Jupiter, the most auspicious planet in Indian Astrology will be transiting (away from Rahu-Ketu direct effect) in C apricorn from tomorrow (March 29) in alliance with Saturn and Mars. Despite ongoing dangerous Kaal Serp Dosha till July 17, 2020, I am hoping with this much awaited C osmic C hange may bring some relief to the mankind. However, please note, looking at the way things have unfolded in the last 15 days, where all most every single human (Except China) in the entire world is locked-up inside their houses or where ever they were, indicates even more health and economic trouble ahead, at least till Mid of July and right upto July 2021. The health situation is likely to remain highly challenging at least till Mid of August this year. India is currently passing through Moon-Saturn sub period till July 2021 and Moon-Saturn-Mercu...
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On an average, about two million dust mites and allergens thrive in our mattresses and pillow causing ailments ranging from common cold to tiresome asthmatic attack resulting in sleepless nights October 2008: Shri Lakshmi Cotsyn Limited has introduced India ’s first eco-friendly organic textile brand “WEAVES ” to health conscious families. The new brand offers wide range of innovative home furnishing products such as “Vitamin E (skin care) bed sheets , Water Repellent bed sheets, Mosquito Repellent bed sheets, Bacteria Repellent bed sheets and Stain Free bed sheets. The revolutionary WeaveS collection is based on negative ion treatment which is scientifically proven to attack, bind and neutralise positive charged allergens for a better night sleep. Researches and clinical studies prove that ionized technology based bedding acts as an energy booster as the bed linen helps re-energise & stimulate the flow of body energy. The technology has been tested and certified by wo...
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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...
Some of the cunning and deceptive so called spiritual guru's may get into deep trouble We are at the peak of corona health challenge and for the next one month need to be extremely careful. We were in a much better position to defeat this health menace till May 3,2020 when Mars was positively placed in Capricorn with Jupiter and Saturn. Sadly many people did not take it responsibly and allowed the disease to spread by openly violating social distancing rules. Since May 4 when Mars transited to Aquarius there have been many fold increase in Covid-19 cases in India, accidents and untoward events. This month is the most happening month in terms of planetary action with 6 major planetary changes as three big planets have become retrograde and Mars, Sun, Mercury changed their zodiac sign. On May 11, 13 and 14 Saturn, Venus and Jupiter have become retrograde respectively. Rare astrological combination From Mid of June Mercury will also b...
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