"More Intelligence , More Wisdom, More Power to You" God Bless!
Sensex may touch 19000 mark
Get link
Facebook
X
Pinterest
Email
Other Apps
-
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.
Relationship is fundamental to human life. It is because man is a social animal. You will be terribly bored if you are alone. We are not born to be lonely. We all want relationships of some sort with the individuals or groups that we deal with. But then there are challenges in every relationship as we are unaware of what we want, what we like, what turns you on and visa versa….here is small guide that will help you understand how people born under different zodiac sign has different hot buttons….. Aries : The fiery sign of Aries is all about passion and action. If you want to score huge points with an Aries, appeal to their drive and to their spirit of competition. So Always be a challenge. Enjoy an active lifestyle .Be physically fit. Have lots of energy. Have a passion in life and DON'T be too easy, lethargic, indirect or indecisive .Don’t stand in their way or admit that they have won you over. Lack passion or energy is the killer. Taurus : The earthy sign of Taurus ...
Yes the markets are plummeting, economic growth is sluggish and demand is not picking. The Bench mark Sensex massively dropped today around 1.7% due to weekly expiry and negative investor sentiments. However, I have a better story for you. In 2020 you will have Saturn transiting in his own house on Jan 24 after a long gap of 30 years and also Jupiter in his own house after 12 years on Nov 5, 2019. This would be an exceptional cosmic planetary formation. These positive cosmic changes indicate the new and reformative initiatives and decisions taken by the Modi Government in the last many years would begin to benefit the Country and deliver higher economic growth. I believe except few and sudden unknown problems (caused by Rahu-Ketu kaal serp dosha in cosmic chart from December 17 to July 16, 2020) here and there, Indian Economy is likely to grow faster in the next 7 years. Things are most likely to improve from the mid of this month itself as several plane...
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 ...
The year 2012 will be ruled by combined and auspicious force of Jupiter (Number 3) and Mercury (number 5). Business, trade, commerce, marketing and communications will be the key focus areas which will get priority and maximum attention (news) in 2012. Stars indicate first half of 2012 may continue to be difficult due to retrograding Mars and Saturn, while second half of 2012 will be rewarding. We may witness global economic recovery and financial growth after Jupiter moves to Taurus on May 17, 2012 and Saturn moves to Libra on Aug 4, 2012. The English New Year chart as per Hindu astrology at the Sun rise on January 1 forms a favorable planetary configuration in general with Sagittarius Sun in the ascendant and Venus in the second, Moon in the fourth, Jupiter in the 5 th , Ketu in the 7 th , Mars in the 9 th house, Saturn in the 11 th and Rahu -Mercury in the12 th house . Sun represents Leadership and Government, the auspicious 9th aspect of Jupiter on Sun will he...
लेख : VRIGHTPATH एक सनातन ज्ञान मंच जो आपके कर्म अंतरालों को समझकर उन्हें जोड़ने में मदद करता है। 12 जून 2025 को अहमदाबाद से लंदन जा रही एयर इंडिया की फ्लाइट AI-171 उड़ान भरते ही दुर्घटनाग्रस्त हो गई , जिसमें 241 लोगों की दर्दनाक मृत्यु हो गई। ये केवल एक तकनीकी दुर्घटना नहीं थी , बल्कि एक ऐसा हादसा था जो कर्म , समय और ब्रह्मांडीय संकेतों के अदृश्य जाल से जुड़ा हुआ प्रतीत होता है। पूर्व मुख्यमंत्री विजय रूपाणी इस विमान में यात्रा कर रहे थे. उन्होंने दो बार अपनी टिकट कैंसिल करवाई — ऐसा कहा जाता है कि उनके परिवार में “1206” नंबर को लकी माना जाता था। हैरानी की बात यह रही कि इस दुर्घटना में शामिल एक स्कूटर की नंबर प्लेट भी 1206 थी — मानो ब्रह्मांड ने एक चेतावनी दी हो कि सिर्फ अंक नहीं , समय का मेल भी ज़रूरी है। AI-171 का अ...
In its relentless pursuit for reducing the domestic lending rates, the RBI has announced a 50 basis point rate cuts on 4th of March 2009. The earlier reductions have not yielded any substantial results, except few gestures by some PSU banks- one here and another there. It is still intriguing to see that India`s official rate of inflation is hovering around 3 percent but the Prime Lending Rate is still in the 12% above range. Even at this rate latest data suggests that the country is witnessing respectable growth in investment. But with the latest rate cuts, it is anybody`s guess that the lending rates may come down or not, though knowledgeable sources feel that it may remain sticky at the current levels. It is still confusing to watch that in US or Japan where the interest rates are in the vicinity of 1% or so, neither credit is flowing nor investment is picking up. Contradictions galore- as many developed countries are now becoming a terrified and fearful cluster, Indians are foolishl...
Once, a big group of monkeys decided to improve their life as they were not doing well in comparison to their cousins (!), human beings. As humans have pleased God especially by fasting, they decided to fast too, although it was not easy for them. So, very next day they begin their fast. It was a group fast and all need to abide by rules to get the accumulative benefit. After half an hour of fasting they started feeling uneasiness in their tummy. After all they were not accustomed to such a thing. When the squirming in the stomach became unbearable, the leader suggested," We should go close to banana trees. We will be saving our time to go there at the time of breaking fast. Within minutes everyone was there! After one long hour of fasting, the fidgeting in their stomach was at peak. One intelligent monkey suggested that we should collect all the bananas now and thus we would not be working hard in the evening, at the time of breaking fast. ...
Comments
Post a Comment