Diwali Brings Indian Investors Chance to Erase Losses (Bloomberg)

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http://www.bloomberg.com/apps/news?pid=20601109 & sid=aGDx1Gq.7pHo & refer=home#Diwali Brings Indian Investors Chance to Erase Losses (Update1)By Pooja ThakurOct. 27 (Bloomberg) -- Arun Kejriwal will raise pressed hands to his forehead tomorrow before lighting a lamp to welcome Lakshmi, the Hindu goddess of wealth, praying she'll deliver a recovery from India's record stock market rout.The 51-year-old investor will then join traders and brokers making ceremonial purchases of equities during a one-hour, late- evening session at the Bombay Stock Exchange. Determined by the new moon, so-called Muhurat trading, held every year on Diwali, the festival of lights, is considered the most auspicious time to start investments, and to put aside losses from the past year.``I'm going to pray for sanity to prevail in the market,'' said Kejriwal, who says this is his worst year for investing in equities. ``Markets have gone mad.''The centuries-old tradition of seeking blessings at Diwali has taken on added impetus this year after the destruction of $1.3 trillion in investor wealth, more than India's annual economic output. Indian stocks have outperformed in the month after Diwali, compared with the 30 days before the festival, in nine of the past 10 years, Fidelity International said in a report from London on Oct. 20.``Though the market looks like a dark tunnel right now, we will see a ray of light at the end,'' said Ulhas Chitharia, a broker at Hasmukh Lalbhai Share Brokers Pvt. in Mumbai, who trades during the Diwali session every year.Celestial GuidanceSeeking celestial guidance is commonplace among India's 800 million-strong Hindu community, which plans weddings, opens new businesses, and chooses children's names according to the position of the stars and planets.Astrologer Bejan Daruwalla says he doesn't need charts or company earnings to tell him global stock markets will rebound next year. He's got Ganesha, the Hindu god of wisdom and the remover of obstacles, on his side.Stocks will rally by April as the rest of this year will be depressed, Daruwalla predicts, citing the movement of planets. Jupiter, the sign for banks, will change position around February, and that's when markets battered by the global financial crisis will start to rebound, Daruwalla says.``Markets will be as happy as a young bride in April,'' explains Daruwalla, 78, who writes newspaper columns on astrology and says the number of investors seeking his advice has risen by 25 percent since the market plunged.For investor Niranjan Koradia, the rally can't come soon enough. The benchmark Bombay Stock Exchange Sensitive Index, or Sensex, had its biggest drop in four years on Oct. 24 and is on course to post its worst annual decline, as the turmoil in credit markets spurs concern the global economy may slip into a recession. It declined 2.2 percent today.`Wiped Out'``I have been investing in the stock market for the past 50 years but never seen a day like this,'' said Koradia, staring at the ticker tape of share prices outside the Bombay Stock Exchange, Asia's oldest bourse. ``Whether I invested one, two or even five years back, the wealth has been wiped out.''Investors say using the orbiting of planets around the sun to predict future stock prices isn't a guarantee that the markets will align.``I prepare astrology charts daily to guide me in my trading bets,'' says Kishore Shah, 66, who lost 7 million rupees ($140,000) in wrong-way wagers on derivatives this year.Shah's betting the market will rally from a three-year low after Nov. 3, when the Sun aligns with Mars, as the current combination of Saturn and the red planet is inauspicious. ``That will be a very good time to buy stocks,'' Shah said.Attractive ValuationsThe Sensex's plunge this year, after doubling in the past two years, has made stocks in Asia's third-largest economy cheaper, 27-year-old Hardik Chheda said in Mumbai.The price to earnings ratio, a measure used to value a company's shares in relation to its profits, for the 30 stocks on the benchmark has dropped to 8.83 from 31.16 in January, when the index hit a record, according to data compiled by Bloomberg.``I don't know about the Diwali effect, but valuations have become too attractive to ignore,'' says Chheda, a six-year investor in the stock market who says he sold at the peak.Mumbai-based investor Kejriwal said he will do his usual auspicious trades tomorrow and hope the gods will answer his prayers. ``We are very close to the bottom now.''To contact the reporter on this story: Pooja Thakur in Mumbai at pthakur.Last Updated: October 27, 2008 07:38 EDT

[Guest guest]

On 10/29/08, pushya <pushya wrote:

> http://www.bloomberg.com/apps/news?pid=20601109 & sid=aGDx1Gq.7pHo & refer=h\

> ome#

>

> Diwali Brings Indian Investors Chance to Erase Losses (Update1)

>

> By Pooja Thakur

>

> Oct. 27 (Bloomberg) -- Arun Kejriwal will raise pressed hands to his

> forehead tomorrow before lighting a lamp to welcome Lakshmi, the Hindu

> goddess of wealth, praying she'll deliver a recovery from India's record

> stock market rout.

>

> The 51-year-old investor will then join traders and brokers making

> ceremonial purchases of equities during a one-hour, late- evening

> session at the Bombay Stock Exchange. Determined by the new moon,

> so-called Muhurat trading, held every year on Diwali, the festival of

> lights, is considered the most auspicious time to start investments, and

> to put aside losses from the past year.

>

> ``I'm going to pray for sanity to prevail in the market,'' said

> Kejriwal, who says this is his worst year for investing in equities.

> ``Markets have gone mad.''

>

> The centuries-old tradition of seeking blessings at Diwali has taken on

> added impetus this year after the destruction of $1.3 trillion in

> investor wealth, more than India's annual economic output. Indian stocks

> have outperformed in the month after Diwali, compared with the 30 days

> before the festival, in nine of the past 10 years, Fidelity

> International said in a report from London on Oct. 20.

>

> ``Though the market looks like a dark tunnel right now, we will see a

> ray of light at the end,'' said Ulhas Chitharia, a broker at Hasmukh

> Lalbhai Share Brokers Pvt. in Mumbai, who trades during the Diwali

> session every year.

>

> Celestial Guidance

>

> Seeking celestial guidance is commonplace among India's 800

> million-strong Hindu community, which plans weddings, opens new

> businesses, and chooses children's names according to the position of

> the stars and planets.

>

> Astrologer Bejan Daruwalla says he doesn't need charts or company

> earnings to tell him global stock markets will rebound next year. He's

> got Ganesha, the Hindu god of wisdom and the remover of obstacles, on

> his side.

>

> Stocks will rally by April as the rest of this year will be depressed,

> Daruwalla predicts, citing the movement of planets. Jupiter, the sign

> for banks, will change position around February, and that's when markets

> battered by the global financial crisis will start to rebound, Daruwalla

> says.

>

> ``Markets will be as happy as a young bride in April,'' explains

> Daruwalla, 78, who writes newspaper columns on astrology and says the

> number of investors seeking his advice has risen by 25 percent since the

> market plunged.

>

> For investor Niranjan Koradia, the rally can't come soon enough. The

> benchmark Bombay Stock Exchange Sensitive Index, or Sensex, had its

> biggest drop in four years on Oct. 24 and is on course to post its worst

> annual decline, as the turmoil in credit markets spurs concern the

> global economy may slip into a recession. It declined 2.2 percent today.

>

> `Wiped Out'

>

> ``I have been investing in the stock market for the past 50 years but

> never seen a day like this,'' said Koradia, staring at the ticker tape

> of share prices outside the Bombay Stock Exchange, Asia's oldest bourse.

> ``Whether I invested one, two or even five years back, the wealth has

> been wiped out.''

>

> Investors say using the orbiting of planets around the sun to predict

> future stock prices isn't a guarantee that the markets will align.

>

> ``I prepare astrology charts daily to guide me in my trading bets,''

> says Kishore Shah, 66, who lost 7 million rupees ($140,000) in wrong-way

> wagers on derivatives this year.

>

> Shah's betting the market will rally from a three-year low after Nov. 3,

> when the Sun aligns with Mars, as the current combination of Saturn and

> the red planet is inauspicious. ``That will be a very good time to buy

> stocks,'' Shah said.

>

> Attractive Valuations

>

> The Sensex's plunge this year, after doubling in the past two years, has

> made stocks in Asia's third-largest economy cheaper, 27-year-old Hardik

> Chheda said in Mumbai.

>

> The price to earnings ratio, a measure used to value a company's shares

> in relation to its profits, for the 30 stocks on the benchmark has

> dropped to 8.83 from 31.16 in January, when the index hit a record,

> according to data compiled by Bloomberg.

>

> ``I don't know about the Diwali effect, but valuations have become too

> attractive to ignore,'' says Chheda, a six-year investor in the stock

> market who says he sold at the peak.

>

> Mumbai-based investor Kejriwal said he will do his usual auspicious

> trades tomorrow and hope the gods will answer his prayers. ``We are very

> close to the bottom now.''

>

> To contact the reporter on this story: Pooja Thakur in Mumbai at

> pthakur.

>

> Last Updated: October 27, 2008 07:38 EDT

>

>

>

 

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Regards

 

Ajay Zharotia

ajayzharotia

[Guest guest]

|| Om Gurave Namah ||Om Gurave Namah Dear Friends, Since there was not much astrological content in this mail, Let me add some. I am pasting the financial new year chart cast with Delhi. Hora lord in Sun It;s associated with 12th and in Kashinatha hora it's 12th lord in 2nd also in K-D2, We have 11th lord in 2nd. Even though 5th lord for speculation goes to 11th, The Hora lord is not having an yoga with Saturn. Hence, Hora Lord sun indicates that some savings would come down. But the Strong Mercury in Lagna (Kaarka of lagna sun) having Digbala indicates that strong policies of the govt will surely help.

We also have Kaala Sarpa yoga in D1 again with Mercury in D1 Lagna. So in short I can say about 4.5 months of turmoils is indicated, Not much loss overall due to strong lagna lord showing intellect will prevail. Warm Regards

Sanjay PLunar Year

October 29, 2008Time: 4:38:23

Time Zone: 5:30:00 (East of GMT)Place: 77 E 12' 00 " , 28 N 36' 00 "

New Delhi, IndiaAltitude: 0.00 meters

Lunar Yr-Mo: Sarva-dhari - KarthikaTithi: Sukla Pratipat (Su) (100.00% left)

Vedic Weekday: Tuesday (Ma)Nakshatra: Swaati (Ra) (60.52% left)

Yoga: Priti (Me) (21.03% left)Karana: Kimstughna (Me) (100.00% left)

Hora Lord: Sun (5 min sign: Le)Mahakala Hora: Sun (5 min sign: Li)

Kaala Lord: Mercury (Mahakala: Venus)Sunrise: 6:30:28 (October 28)

Sunset: 17:39:06 (October 28)Janma Ghatis: 55.3295

Ayanamsa: 23-58-49.48Sidereal Time: 6:47:50

Body Longitude Nakshatra Pada Rasi Navamsa

Lagna 16 Vi 33' 04.05 " Hast 2 Vi TaSun - GK 11 Li 55' 51.99 " Swat 2 Li Cp

Moon - PK 11 Li 55' 51.99 " Swat 2 Li CpMars - BK 23 Li 02' 43.09 " Visa 1 Li Ar

Mercury - AK 25 Vi 33' 12.57 " Chit 1 Vi LeJupiter - MK 22 Sg 25' 40.71 " PSha 3 Sg Li

Venus - PiK 18 Sc 24' 15.60 " Jye 1 Sc SgSaturn - AmK 24 Le 22' 18.43 " PPha 4 Le Sc

Rahu - DK 20 Cp 22' 00.72 " Srav 4 Cp CnKetu 20 Cn 22' 00.72 " Asre 2 Cn Cp

Maandi 27 Ar 30' 55.37 " Krit 1 Ar SgGulika 12 Ar 42' 14.57 " Aswi 4 Ar Cn

Bhava Lagna 12 Vi 59' 11.53 " Hast 1 Vi ArHora Lagna 14 Le 57' 48.40 " PPha 1 Le Le

Ghati Lagna 20 Ta 53' 39.02 " Rohi 4 Ta CnVighati Lagna 20 Pi 32' 52.12 " Reva 2 Pi Cp

Varnada Lagna 16 Aq 33' 04.05 " Sata 3 Aq LiSree Lagna 8 Aq 41' 27.87 " Sata 1 Aq Sg

Pranapada Lagna 21 Pi 28' 09.45 " Reva 2 Pi CpIndu Lagna 11 Ta 55' 51.99 " Rohi 1 Ta Ar

Dhooma 25 Aq 15' 51.99 " PBha 2 Aq TaVyatipata 4 Ta 44' 08.01 " Krit 3 Ta Aq

Parivesha 4 Sc 44' 08.01 " Anu 1 Sc LeIndra Chapa 25 Le 15' 51.99 " PPha 4 Le Sc

Upaketu 11 Vi 55' 51.99 " Hast 1 Vi ArKaala 4 Ge 51' 58.26 " Mrig 4 Ge Sc

Mrityu 16 Cn 55' 17.36 " Asre 1 Cn SgArtha Prahara 7 Le 40' 40.66 " Magh 3 Le Ge

Yama Ghantaka 28 Le 50' 02.22 " UPha 1 Le SgPrana Sphuta 5 Le 27' 34.83 " Magh 2 Le Ta

Deha Sphuta 18 Cn 09' 10.51 " Asre 1 Cn SgMrityu Sphuta 10 Cp 51' 33.96 " Srav 1 Cp Ar

Sookshma TriSphuta 4 Vi 28' 19.31 " UPha 3 Vi AqTriSphuta 11 Ar 11' 10.61 " Aswi 4 Ar Cn

ChatusSphuta 23 Li 07' 02.61 " Visa 1 Li ArPanchaSphuta 13 Le 29' 03.33 " PPha 1 Le Le

Kunda 20 Vi 38' 28.32 " Hast 4 Vi Cn

+--------------+| |Md Gk |GL |AL |

| | | | || | | | |

| | | | || | | | |

|-----------+-----------------------+-----------|| | |Ke |

| | | || | | |

| | | || | | |

|-----------| Rasi |-----------||Ra | |Sa HL |

| | | || | | |

| | | || | | |

|-----------+-----------------------+-----------||Ju |Ve |Su Mo |As Me |

| | |Ma | || | | | |

| | | | || | | | |

+--------------+ +--------------+

| |Ma |As | || | | | |

| | | | || | | | |

| | | | ||-----------+-----------------------+-----------|

| | |Ra GL || | |Gk AL |

| | | || | | |

| | Navamsa | ||-----------| |-----------|

|Su Mo | D-9 |Me HL ||Ke | | |

| | | || | | |

| | | ||-----------+-----------------------+-----------|

|Ve Md |Sa |Ju | || | | | |

| | | | || | | | |

| | | | |+--------------+

+--------------+

| |Md |Ma |AL || | | | |

| | | | || | | | |

| | | | ||-----------+-----------------------+-----------|

|Ra | |Sa || | | |

| | | || | | |

| | Hora | ||-----------| |-----------|

| | D-2 (KN) |Ke HL || | | |

| | | || | | |

| | | ||-----------+-----------------------+-----------|

|Ju |Ve Gk |Su Mo |As Me || | |GL | |

| | | | || | | | |

| | | | |+--------------+

Vimsottari Dasa (started from Moon):

Rah Rah 2008-10-08 Jup 2008-10-16 Sat 2008-10-23 Merc 2008-10-31 Ket 2008-11-09 Ven 2008-11-12

Sun 2008-11-19 Moon 2008-11-22 Mars 2008-11-27 Jup Jup 2008-11-30 Sat 2008-12-07 Merc 2008-12-14

Ket 2008-12-20 Ven 2008-12-23 Sun 2009-01-01 Moon 2009-01-03 Mars 2009-01-07 Rah 2009-01-10

Sat Sat 2009-01-16 Merc 2009-01-26 Ket 2009-02-03 Ven 2009-02-06 Sun 2009-02-15 Moon 2009-02-18

Mars 2009-02-23 Rah 2009-02-26 Jup 2009-03-06 Merc Merc 2009-03-13 Ket 2009-03-21 Ven 2009-03-24

Sun 2009-04-01 Moon 2009-04-04 Mars 2009-04-08 Rah 2009-04-10 Jup 2009-04-19 Sat 2009-04-25

Ket Ket 2009-05-03 Ven 2009-05-04 Sun 2009-05-07 Moon 2009-05-08 Mars 2009-05-10 Rah 2009-05-11

Jup 2009-05-15 Sat 2009-05-18 Merc 2009-05-21 Ven Ven 2009-05-24 Sun 2009-06-02 Moon 2009-06-05

Mars 2009-06-10 Rah 2009-06-14 Jup 2009-06-23 Sat 2009-06-30 Merc 2009-07-10 Ket 2009-07-19

Sun Sun 2009-07-22 Moon 2009-07-22 Mars 2009-07-24 Rah 2009-07-25 Jup 2009-07-27 Sat 2009-07-29

Merc 2009-08-01 Ket 2009-08-04 Ven 2009-08-05 Moon Moon 2009-08-09 Mars 2009-08-11 Rah 2009-08-13

Jup 2009-08-17 Sat 2009-08-21 Merc 2009-08-25 Ket 2009-08-29 Ven 2009-08-31 Sun 2009-09-06

Mars Mars 2009-09-07 Rah 2009-09-08 Jup 2009-09-11 Sat 2009-09-14 Merc 2009-09-17 Ket 2009-09-20

Ven 2009-09-21 Sun 2009-09-24 Moon 2009-09-25

2008/10/29 pushya <pushya

 

 

 

 

http://www.bloomberg.com/apps/news?pid=20601109 & sid=aGDx1Gq.7pHo & refer=home#

Diwali Brings Indian Investors Chance to Erase Losses (Update1)By Pooja ThakurOct. 27 (Bloomberg) -- Arun Kejriwal will raise pressed hands to his forehead tomorrow before lighting a lamp to welcome Lakshmi, the Hindu goddess of wealth, praying she'll deliver a recovery from India's record stock market rout.

The 51-year-old investor will then join traders and brokers making ceremonial purchases of equities during a one-hour, late- evening session at the Bombay Stock Exchange. Determined by the new moon, so-called Muhurat trading, held every year on Diwali, the festival of lights, is considered the most auspicious time to start investments, and to put aside losses from the past year.

``I'm going to pray for sanity to prevail in the market,'' said Kejriwal, who says this is his worst year for investing in equities. ``Markets have gone mad.''The centuries-old tradition of seeking blessings at Diwali has taken on added impetus this year after the destruction of $1.3 trillion in investor wealth, more than India's annual economic output. Indian stocks have outperformed in the month after Diwali, compared with the 30 days before the festival, in nine of the past 10 years, Fidelity International said in a report from London on Oct. 20.

``Though the market looks like a dark tunnel right now, we will see a ray of light at the end,'' said Ulhas Chitharia, a broker at Hasmukh Lalbhai Share Brokers Pvt. in Mumbai, who trades during the Diwali session every year.

Celestial GuidanceSeeking celestial guidance is commonplace among India's 800 million-strong Hindu community, which plans weddings, opens new businesses, and chooses children's names according to the position of the stars and planets.

Astrologer Bejan Daruwalla says he doesn't need charts or company earnings to tell him global stock markets will rebound next year. He's got Ganesha, the Hindu god of wisdom and the remover of obstacles, on his side.

Stocks will rally by April as the rest of this year will be depressed, Daruwalla predicts, citing the movement of planets. Jupiter, the sign for banks, will change position around February, and that's when markets battered by the global financial crisis will start to rebound, Daruwalla says.

``Markets will be as happy as a young bride in April,'' explains Daruwalla, 78, who writes newspaper columns on astrology and says the number of investors seeking his advice has risen by 25 percent since the market plunged.

For investor Niranjan Koradia, the rally can't come soon enough. The benchmark Bombay Stock Exchange Sensitive Index, or Sensex, had its biggest drop in four years on Oct. 24 and is on course to post its worst annual decline, as the turmoil in credit markets spurs concern the global economy may slip into a recession. It declined 2.2 percent today.

`Wiped Out'``I have been investing in the stock market for the past 50 years but never seen a day like this,'' said Koradia, staring at the ticker tape of share prices outside the Bombay Stock Exchange, Asia's oldest bourse. ``Whether I invested one, two or even five years back, the wealth has been wiped out.''

Investors say using the orbiting of planets around the sun to predict future stock prices isn't a guarantee that the markets will align.``I prepare astrology charts daily to guide me in my trading bets,'' says Kishore Shah, 66, who lost 7 million rupees ($140,000) in wrong-way wagers on derivatives this year.

Shah's betting the market will rally from a three-year low after Nov. 3, when the Sun aligns with Mars, as the current combination of Saturn and the red planet is inauspicious. ``That will be a very good time to buy stocks,'' Shah said.

Attractive ValuationsThe Sensex's plunge this year, after doubling in the past two years, has made stocks in Asia's third-largest economy cheaper, 27-year-old Hardik Chheda said in Mumbai.The price to earnings ratio, a measure used to value a company's shares in relation to its profits, for the 30 stocks on the benchmark has dropped to 8.83 from 31.16 in January, when the index hit a record, according to data compiled by Bloomberg.

``I don't know about the Diwali effect, but valuations have become too attractive to ignore,'' says Chheda, a six-year investor in the stock market who says he sold at the peak.Mumbai-based investor Kejriwal said he will do his usual auspicious trades tomorrow and hope the gods will answer his prayers. ``We are very close to the bottom now.''

To contact the reporter on this story: Pooja Thakur in Mumbai at pthakur.Last Updated: October 27, 2008 07:38 EDT