November 2, 2013 3 Comments
For Whom Wealth Matters
October 30, 2013 Leave a comment
While it is generally believed that muhurat trading ensures prosperity in the year ahead,the rise or fall of the SENSEX on the day of Muhurat trading has no correlation with SENSEX values in the year ahead.
For example,on Diwali Trading in 2012,the SENSEX declined half a percent but the benchmark index has risen almost 10% since then.
In 2010,the SENSEX gained half a percent on Muhurat day but declined 18% in the course of the following year.
In 2008,the benchmark index gained 6% on Muhurat trading and gained 92% in the course of the following year.
August 23, 2013 Leave a comment
40 villages of Betul district in Madhya Pradesh are celebrating Diwali with ,great gusto,two-and-half months early.Apparently there are rumors floating around that the deity of Salkanpur appeared before cattle grazers and warned them that if anyone fails to celebrate Diwali during the rains, the family will lose its eldest son and/or face calamity.
So villagers are now making three trips to the Salkanpur temple to appease the goddess and avert a tragedy at home.And this has given a fresh spurt to the transport business as pilgrims rush to the Salkanpur temple. Normally jeep drivers charge Rs 1000-1200 for a trip to Salkanpur temple, but now a round trip costs Rs 3000-3500. This has lead to suspicion that these transporters are fuelling the rumours to make money.
To be doubly safe rather than sorry,villagers are continuing the festivities for 15 days.Every family is making purchases. There’s brisk buying and selling and money is exchanging hands. Normally at this time of the year, the monsoons bring trade to a grinding halt in this southern district of Madhya Pradesh. Read more of this post
November 15, 2012 Leave a comment
Bhau Beej is the last day of Diwali.On this day, sisters applies tika on their brother’s forehead and offer them sweets. In return, she receives gifts for her gesture. An age old tradition, Bhau-Beej has an interesting mythological story attached to it.It is said that Yama,The God of Death, visited his sister Yami/Yamuna on this day of Diwali and she welcomed him with garlands and by applying tilak on his forehead. Yami also prepared and served Yama his favourite dishes. Touched by her gesture, Yam announced that anybody who had a tilak applied to his forehead on this day by his sister will be blessed by him. Since then, Bhau Beej is observed as a symbol of love between brothers and sisters.
The fifth Day of Diwali is for visiting friends and relations and renewing social bonds.
November 14, 2012 2 Comments
Annakuta is the fourth day of the Diwali festival, just the day after the main Diwali day. It falls on the first day of the fortnight of the waxing moon, also known as Shukla Paksha, in the Hindu month of Kartik.
This is a very special day for the devotees of Krishna, who celebrate it as the anniversary of the day Krishna instituted the worship of the Govardhan Hill.
Long ago,on the day after Diwali the residents of Vrindavan used to worship Indra. Indra was the demi-god in charge of rains and the people believed that unless he was appeased Indra would withhold the rains and ruin the crops. Read more of this post
November 14, 2012 6 Comments
The festival of Diwali is associated with Laxmi, the goddess of wealth; it is considered an auspicious time for spending and earning money. The customary trading tradition on the day of Diwali is unique to India where markets open for a short duration in the evening to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity. This Muhurat Trading is a centuries old tradition. The day holds significance as it marks the beginning of the New Year, as per the Marwari tradition.Also the Gujarati new year begins a day after Diwali.
More often than not, the benchmark indices have ended higher, albeit by a small margin. The time for trading is specified by the exchanges and usually takes place for about an hour.This year,the Muhurat trading happened on 13 November between 3:30pm and 5:15pm.
Muhurat trading happens not only in stock markets but also commodity exchanges. Major commodity exchanges like MCX, NCDEX and others were open for trade from 5:30 pm to 8pm. Read more of this post
November 13, 2012 2 Comments
King Bali of Kerala was a generous ruler but also very ambitious. To propitiate the Gods he performed a Yagna (fire sacrifice). His Yagna was so successful that even the gods were terrified to appear before him and grant him a boon for fear that he might ask for something which was beyond their capacity. Some of the Gods pleaded with Lord Vishnu to check King Bali’s power. Lord Vishnu came to earth in the form of a dwarf dressed as priest(Vamana).
When Vamana reached King Bali’s court, he asked the king to grant him whatever he asked for. je proceeded saying, “You are the ruler of the three worlds: the Earth, the world above the skies and the underworld. Would you give me the space that I could cover with three strides?” King Bali laughed. This request seemed strange to all the courtiers, but king Bali granted it. Surely a dwarf could not cover much ground, thought the King, who agreed to dwarf’s request. Read more of this post
February 6, 2011 4 Comments
Lakshmi is the Hindu Goddess of Good Fortune.Shri is a term commonly used to represent Goddess Lakshmi.In the Hindu Pantheon Goddess Lakshmi is the consort of Lord Vishnu-The Preserver.Goddess Lakshmi is often shown bestowing gold coins symbolic of prosperity and flanked by elephants signifying her royal power. Sometimes she has an owl as her vahana. To understand the symbology consider this: In Sanskrit, Uluka means owl. Uluka is also one of the names of lndra, the King of Gods, personifying wealth, power and glory.
Goddess Lakshmi believed to be very fond of the lotus–a symbol of enlightenment, and her many epithets are connected to the flower.Eg.Padma: lotus dweller,Kamala: lotus dweller, Padmapriya: One who likes lotuses ,Padmamukhi: One whose face is as beautiful as a lotus, Padmakshi: One whose eyes are as beautiful as a lotus ,Padmahasta: One who holds a lotus ,Padmasundari: One who is as beautiful as a lotus ,Vishnupriya: One who is the beloved of Vishnu , Ulkavahini: One who rides an owl . Read more of this post