Grahanila(Planetary positions) as on 1st August 2013

As on 1st August 2013, The Sun in Cancer, Venus in Leo, Saturn & Rahu in Libra, Ketu in Aries, Moon in Taurus and Jupiter, Mars & Mercury in Gemini. Above planetary positions is having a distinctive feature. All planets are between Rahu & Ketu leaving one side (180°) empty and astrologers name it "KALA SARPA YOGA". "Yoga" means assembly. "Kala Sarpa" written in English is having two meanings in Malayalam since "la(ല)" and "la(ള)" are different. First meaning is "time serpent" and other "black or deadly serpent". In India, perpetual nature of time has been represented as a circle of two serpents havig their tails in the mouth of the other(in China it was dragons instead of serpents). As Rahu and Ketu are considered head and tail, all planets are now inside a serpent and hence the name. The second meaning is having ill effects and troubles including death. The recent heavy rains, destructive floods and earthquacks etc. can be attributed to it. This yoga started on 13th May 2013 and will continue up to 25th September 2013, excluding the days when the Moon is on the otherside. Therefore the period will not be good for markets also.

Planetary transits in August 2013 are 17th Sun -> Leo, 4th Mercury -> Cancer, 11th Venus -> Virgo, 18th Mars -> Cancer and 20th Mercury -> Leo.

The planetary positions given are at the time of sunrise in India(Kerala) and conjunction effects on markets may be seen on the countries (Asia / Europe / US) over which conjunction(0°-5°)take places. Except Moon-Saturn conjunction on 13th all other conjunctions are on trading holidays and hence no particular downward/upward days during this month. However, Nifty may continue to move downwards due to the unbalanced position of the planets as mentioned in para one.

Grahanila(Planetary positions) as on 1st July 2013

As on 1st July 2013 Sun, Jupiter & Mercury in Gemini, Venus in Cancer, Saturn & Rahu in Libra, Moon in Pisces, Ketu in Aries and Mars in Taurus,. Planetary transits in July 2013 are 17th Sun -> Cancer, 4th Mars -> Gemini and 17th Venus -> Leo.

The planetary positions given are at the time of sunrise in India(Kerala) and conjunction effects on markets may be seen on the countries (Asia / Europe / US) over which conjunction(0°-5°)take places. As per above Nifty may move downwards on 10th/11th. Though Moon conjuncts with Saturn on 17th early morning the effect on Nifty is uncertain as Saturn's retrodgrade ends on 8th. All other conjunctions are on trading holidays. Mercury is retrograde in Gemini from 27th June and will turn to direct on 22nd July. It is to be considered along with Nifty's up move on 27th & 28th and it is likely that Nifty may move downwards and reach the 26th June position after 22nd July.

Nifty during June 2013

"Sell in May and go away" adage proved right

Mr. Chidambaram, why are you against millions ?

Mr. Chidambaram, you said on 6th June, 2013 at the 66th Annual General Meeting of the Indian Banks' Association "When there was a sharp drop in gold prices, millions were happy. I'm afraid I was not among the millions. I told the (RBI) Governor that the drop in the gold prices internationally is bad news for India"(Business Line dated 7-6-13). As part of your fight against millions you have also raised import duty on gold from 6% to 8% now even though it was raised three times recently. It clearly shows that you are not on right path Mr. Finance Minister.

We, the common man of India was in dismay as the price of gold shoot up and unabale to purchase minimum quantity for marriage and other domestic purposes. So, this is an opportunity to purchase some gold and keep it for future requirements. But, sorry to say that you don't understand the feelings of common man. The solutions for your problems as a finance minister is something else .

On November 22, 2011 here it was said

"As Rupee falls below 52 against dollar RBI intervention is required to save Rupee.RBI can utilise the gold procured in 2009 to avoid purchase of gold from out side for three months and save foreign currency now. Further, as the gold was procured for a low price at that time the profit generated can be utilised for reducing the deficit. The second option is to create a gold ETF utilising the above gold and issue it to public redeemable against their purchase of gold jewellery from jewelers. RBI can release gold to jewelers by accepting gold ETF. That also will avoid import of gold for at least three months. The advantage is RBI need not release all the gold now."

That suggestion was given in 2011. Currently as all major banks are under core banking you can introduce Adhar linked "Gold Savings Bank Account" in State Bank of India and some other notified banks for maintaining gold (in demat form)procured by common man for the purpose of investment. It is reported that more than 40 percent of gold purchased is for investment purpose. The gold must be purchased from the same bank using the funds available in the clients Savings Bank Account. The gold(in grams)kept in the "Gold Savings Bank(GSB)" account may be allowed to redeem when real requirement comes (to be restricted four times in a year) either by credit to the Savings Bank Account or issue of gold coins. Thus the common man's purose will be served without any real import of gold now. Other details can be fixed in consultaion with Rserve Bank of India, State Bank of India and other interested parties. It may also be considered whether the gold available with the public in India can be attracted to be deposited in GSB.

Grahanila(Planetary positions) as on 1st June 2013

As on 1st June 2013 Sun & Mars in Taurus, Jupiter, Venus & Mercury in Gemini, Saturn & Rahu in Libra, Moon in Aquarius and Ketu in Aries. Planetary transits in June 2013 are 15th Sun -> Gemini and 22nd Venus -> Cancer.
The planetary positions given are at the time of sunrise in India(Kerala) and conjunction effects on markets may be seen on the countries (Asia or Europe or US) over which conjunction take places. As per above Nifty may move upwards on 10th and downwards on 11th & 19th/20th.

Eventful month of May 2013