To day (14th April, 2009) is Vishu festival day (1st day of Malayalam month Medam )for Malayalees, especially for Malabar region. Sun is directly overhead in these part of the glob on its journey from tropics of Cancer (23°30′ South of equator) to tropics of Capricorn (23°30′North of equator). Astronomically, on this day Sun moves to Medam (Aries - the Ram) from Meenam (Pisces - the Fish). That's why Nandi had fixed the starting point Shadjam of music scale to this day. This year, coming 30-45 days are very crucial period for Nifty / Indian Stock Market. Nifty is now at 3400 and as per last five years experiences during the period mentioned it should move to Shadjam (either 1984 or 3968). Earlier Nandi believed that it will be at 1984; but now he is not sure, it can be 3968 also.
The Indian Lok Sabha Election will start from 16th April (Kerala and 6 other States) and will end on 13th May. The chances of formation of Government under the leadership of Indian National Congress or Bharatheeya Janatha Party wont adversely affect the market. The chances of hung parliament or unstable government may dampen the recovery of the market. In fact countless regional parties and their strategies looks similar to the Nattu Rajyas (Regional kingdoms) of old East India Company era, which is harmful to India as a whole. Nandi is of the opinion that even though any regional party can be voted to power for State Assembly Elections, prudent voters should cast their votes in the Lok Sabha Elections so that one or two National Parties alone are voted to power. Our voting system should be modified so that only parties getting 50 percent or above of total votes polled (by introducing 2nd vote or even 3rd vote)alone be allowed to form the National Government. At present we can choose what is available (First or Second best National Party) for the continuance and growth of united India. JAI HIND.
2 comments:
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