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Transcript
A safe Union Budget 2011-12: Ganeshaspeaks
A safe Union Budget 2011-12 amidst chaotic and muddling planetary
alignments, says Ganesha.
Union Budget for the financial year 2011-2012 shall be presented by
Hon'able Minister of Finance Shri Pranab Mukherjee. It is set to be a
consumption driven Budget, which would be aimed at propelling the country
higher onto the growth curve. The rising inflation and fiscal deficit of
approximately 4.8% to 5.5% have made this Budget an awaited one. As every
year, this time around too people are pinning high hopes on this Budget,
and sincerely hope to get some relief from the rising inflation and other
government policies. Three main reasons are the root cause behind our
current national financial problems - high government expenditure,
unsustainable subsidies and steep interest payments. Whether or not our
dear Finance Minister fulfils the hope of the teeming millions of India
by handling these areas of concern is a question that will only be
answered when the Union Budget gets finally presented in the parliament
on 28th February 2011? Then, it'll be for us to see if the Budget 2011
turns out to be people friendly or unsympathetic to the common man.
Ganesha takes a look at overall commerce and industry of India, and gives
his astrological analysis on the approaching Union Budget 2011-2012.
On the day when the Union Budget is presented by the FM in the
parliament, transiting Jupiter will be in its own sign, Pisces.
Transiting Mars will be conjunct transiting Sun in the tenth house. This
planetary combination is called as Surya-Mangal Angarak Yog. The another
potent combination present on 28th February 2011 is Chandra-Rahu Grahan
Yog.
Our reference point while doing any reading of a major national event is
India's natal chart. As per the chart, India has Taurus as the ascendant
with its natal Sun being posited in the 3rd house in the sign of Cancer.
However, on the day of the 2011 Union Budget, transiting Sun passes
through the inauspicious Shatatara Nakshatra in the sign of Aquarius.
Ganesha foresees that there may be heavy discussions and arguments as the
Budget may propose to replace the Income-Tax act with Direct Taxes Code.
Consequently, the government may also take a tough stance on petrol
prices and other related products. Ganesha also foresees electricity
prices going up as result the Union Budget 2011. Since the transiting Sun
will be in the Constellation of Rahu, Ganesha foresees that the products
utilising atomic energy and electrical shares may remain in news.
In the natal chart of India, Moon is posited in the third house in the
sign of Cancer. While on the day of the Budget, transiting Moon will pass
through Purvasadha Nakshatra in the sign of Sagittarius. This indicates
that the prices of Rubber, Tobacco,Tin Shares, Wheat, Castor Seeds, Rice,
Clarified Butter, Sandal Wood, Perfumeries, Diamond, Cloth, Wool,
Plastic, will be affected in some or the other way. Additionally, banking
shares, marine products, metals like tin and zinc, insurance sector and
foreign bonds shall be in the news. On this day, Moon is conjunct Rahu,
the resulting yoga called as the Chandra-Grahan Yoga, is not a good
combination. As per vedic astrology which states "Chandrama Manso Jataha"
or in other words, 'moon signifies the mind', it is well understood that
if moon gets affected negatively, it's the mind that bears the results in
form of confusion and lack of clarity.
Mars in India's natal chart is posited in the second house in the sign of
Gemini and on the day of the budget transiting Mars is passing through
Shatatara Nakshatra in the sign of Aquarius. On the same day transiting
Ketu is passing over the natal Mars in the second house. As Ketu is
transiting through Gemini, this planetary combination may not bear
positive in results though something negative can be expected. Mars
represents the areas of Castings & Forgings, Chemicals, Cigarettes,
Construction and Contracting, Housing - Real Estate, Detergents, Dry
Cells, Dyes and Pigments, Plantations - Tea & Coffee, Refineries,
Agro-Chemicals, Ceramics, Building materials like tiles, marble, granite
etc.
The transit of Jupiter through Utrabhadra Pada Nakshatra in its own sign
of Pisces which governs the eleventh house of India's natal chart may
bear some benefits for the areas of financial institutions, investments,
leasing and hire-purchase, term-lending Institutions, shipping, religious
products, temples, trusts, government loans, bonds and government
securities, education sector. Venus, the Lord of the ascendant and the
sixth house as per India's natal chart, will be passing through sign of
Capricorn. This indicates that due emphasis will be on legal activities,
research work, public activity, automotive sector - 2 and 3 Wheelers.
Transiting Mercury, Sun and Mars will be in conjunction in the tenth
house in the sign of Aquarius. This House represent the import-export,
National Growth, Foreign Trade, Rural Advancement. Also, the combination
of Sun-Mars (Angarak Yoga) shall instigate the Finance Minister to bring
out and cover the crucial fiscal and financial aspects like revenue
deficit, fixed deposit, flow of FDIs, Inflation rate and GDP growth rate.
Despite criticism by the opposition, Prime Minister Manmohan Singh and
Finance Minister Pranab Mukherjee will do their utmost to present a
progressive budget for the country, but will fail to garner appreciation
for the same. The conjunction of transiting Moon and Rahu in the 8th
house on the day of the Budget indicates that the FM may try to play
safe, but will make efforts to maintain the growth rate.
Currently, India is under the influence of Mars-Moon-Jupiter Mahadasha,
and on the day of the budget, Sun is Vargottama planet, so pharma sector
can expect some boost. The dashanath on that day is Mars, and Mars rules
foreign and partnership house, so PSU Banks and foreign bank partnership
may come under scanner and may get affected. Also, the IT and Software
sector, particularly some software types, may get some benefit in this
Budget. Pratyantardashanath Jupiter transits over its own sign Pisces,
and hence Education will become more affordable, but higher education
will be heavier on the exchequer's pocket. Overall, the FM, in all
likelihood, shall present a Budget that will be safe yet difficult to
decipher, but will have a 'legacy' effect – a Budget that will be useful
not only in the upcoming West Bengal Elections, but also during the next
General Elections.
Let's have a sectoral look:
IT
Sun, the Lord of the 4th house in the natal horoscope is posited in the
3rd house in the sign of Cancer. On the day of this Union Budget, transit
of Sun is through the inauspicious Shatatara Nakshatra in the sign
Aquarius, along with the 10th house combination of Mars and Mercury.
impact the IT Sector and hence it will be only marginally positive.
Automobile
Venus and Mercury represent the auto mobile sector. Mercury is the Lord
of the 2nd and 5th houses in India's natal chart, and on the day of
Budget, it transits through the 10th House in conjunction with Sun. Venus
is the Lord of ascendant and the 6th house in the horoscope of
independent India, and it transits through the 9th house on the day of
Budget. Thus, this time auto mobile industry may not receive any direct
benefit or a major impact, but Ganesha sees some positive moves on this
part of the Finance Minister. Thus, a boost to the infrastructure sector
in form of road allocation etc. can be expected. This plus some benefits
for the auto industry ensures a bright future for this sector in India.
Overall, the impact of this budget shall be neutral on this sector. No
gain, no loss!
Pharmaceuticals
This sector is represented by the Sun. Sun is posited in the 3rd house in
the sign of Cancer in India's natal chart. On the day of the Budget, the
Sun transits through the inauspicious Shatatara Nakshatra in the sign of
Aquarius, however, Sun is also a Vargottama Planet on the same day, so
the long term view pertaining to the Pharmaceuticals sector shall be
strong and strengthening. Areas that may benefit from tax cuts from the
Budget may be life saving drug such as drugs for breast cancer,
hepatitis, arthritis etc., formulation and production of drugs and
R&D Units.
Banking
Mercury represents the banking sector, and as per the natal chart of
India, Mercury is posited in the 3rd house in the sign of Cancer. On the
day of the budget, Mercury transits through the 10th house and shall pass
through the Shatatara Nakshatra of Rahu. This alignment can be
challenging to this sector because retail loans, deposit rates, growth in
savings deposits, asset quality may be affected. Overall this sector is
in consolidation phase, so more branches and more ATMs may be offered in
this Budget. Ganesha also notes that the FM will focus at the PSU banks'
performance and insurance sector. Limit for FDs may increase, and resolve
the NPA limit.
Infrastructure, Cement & Real Estate
This sector is represented by Mars, and India's natal Mars is posited in
the 2nd house in the sign of Gemini. On the day of the budget, transiting
Mars passing through Shatatara Nakshatra in the sign of Aquarius, while
in the 10th house of India's natal chart, transiting Ketu is passing over
natal Mars in the sign of Gemini. Mars is the 12th Lord (the house of
foreign investment), therefore possibilities to get assisted by Foreign
Direct Investment and World Bank do exist. National Highways, Railways
and Airport Authority can get more benefits owing to this alignment.
Privatization and modernization are expected for Metros and Tier – II
cities. Currently, India is under the influence of Mahadasha of Mars, so
all in all the growth story of India Inc. will continue unabated! Ganesha
is very optimistic that the Indian economy will begin to gain traction.
Global economy too, is expected to stabilise, around this time.
Metal and Steel
This sector is represented by Saturn. As per the natal chart of India, it
is posited in the 3rd house of the destiny and government, in the sign of
Cancer. On the day of the budget, it is in the Hasta Nakshatra of the
sign Virgo (which happens to be the fifth house of the natal chart of
India and thus governs the stock-markets) and is retrograde. Hence, over
all the growth measures in the economy may indirectly spur this sector.
Entertainment
This sector is represented by Venus, the Lord of the ascendant and the
6th house as per the natal chart of India. It is passing through
Uttarashadha Nakshatra in sign of Capricorn. This indicates that the
growth rate will continue for Radio Stations. Broadcasting Companies may
too get benefits. The FM may formulate favourable policies for new
television channels. Bulk of this growth has been volume-driven rather
than pricing-led. Ad-revenue, circulation revenue, print production cost
and average price may also come under consideration in all major language
publications of India.
Telecom
This sector is represented by Mercury, the Lord of the 2nd and 5th houses
which is posited in 3rd house in India's natal chart. The transit on the
day of the budget will be through the Shatatara Nakshatra in the sign of
Aquarius in the 10th house. This indicates a lot of unexpected changes in
this sector. Subscriber base has grown and but pre-paid churn ratio is
high. So, the long-term view for this sector is good, but short term view
for this area looks glum, adds Ganesha.
Fertilizer, Pesticide, Agriculture
The sector is represented by Rahu and Ketu. They are posited in ascendant
and the 7th house respectively in the natal chart of India so this sector
is always in news. On the day of Budget, Moon and Rahu are in
conjunction, so over all this sector looks to get a boost, says Ganesha.
Advice for investors in the Stock MarketSwagrahi Jupiter, Surya-Mangal
Angarak Yoga and Chandra-Rahu Grahan Yoga are the major planetary
alignments on the day of Budget. Thus, Ganesha advises investors to trade
cautiously.
March - Very active, Wide fluctuation, Highly volatile dates 10,11,21,22,28,29
April - Very active, Wide fluctuation, Highly volatile dates - 13,15,21
Ganesha predicts that up to 10/04/2011, Nifty will make you job. Ganesha
advises you to take entry and exit keeping a small margin, without
expecting much profit. Although the range looks set to remain narrow,
Ganesha foresees a seemingly steady market.
Nifty has given returns of (-9.09%) in March-2007, (-10.66%) in March2008, (-2.1%) in March- 2009, (6.91%) in March-2010, so you are advised
to focus on particular stock. Avoid F&O.
“Shri Dharmesh Joshi is a protégé of Bejan Daruwalla and belongs to the
team of astrologers declared as official successors to his astrological
legacy, by none other than Bejan Daruwalla himself, in an event in Mumbai
on the 23rd Nov, 2009.” 
Disclaimer: The views and investment tips expressed by investment
experts/astrologers on moneycontrol.com are their own, and not that of
the website or its management. Moneycontrol.com advises users to check
with certified experts before taking any investment decisions.
To read the full report click on the attachment