Wednesday, November 21, 2007

Jupiter in Sagittarius and the Sensex tumbles !



As Jove moved over to the adverse 6th in India's horoscope, the Sensex fell by about 600 odd points.

Adversity hitting the market, after that benign one year when Jupiter was in the favourable 5th, when the Indian stock market grew by leaps and bounds.

Now the atmosphere has changed. Subprime woes in US has hit Indian markets. US has a cold and Bombay sneezes !

Astrologically the financial planet in the adverse 6th is not good for the Indian economy. Oil is hovering around the $100 mark per barrel and India's import bill is bound to go up.

So with Jove in the 6th and Saturn causing Elarata Saturn, India is in for troubled times, despite the 9% GDP growth. The 300 million BPL ( Below Poverty Line ) are worst hit. The official figure of 5% inflation seems not to be real when one purchases from the market. Prices are on the rise, more oil has to be imported, only 50% gas is available and there is the problem of infrastructure. India needs more power and better infrastructure !

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