Impact of Venus on Indian Stock Market

Global Journal on International Business and Economics Development Vol. 4, Issue 1 – 2020 ISSN: 2581-3447

Chhaya Mishra1, Somendra Sharma2 1Faculty of Commerce, Shree Cloth Market Kanya Maha Vidhyalaya, Indore. 2376 MG Road Near Bada Ganpati Temple, Indore.

Introduction

What is Stock Market?

“It is a place where shares of pubic listed companies are traded. The primary market is where companies float shares to the general public in an initial public offering (IPO) to raise capital.”

Once new securities have been sold In the primary market, they are traded in the secondary market where one investor buys shares from another investor at the prevailing market price or at whatever price both the buyer and seller agree upon. The secondary market or the stock exchanges are regulated by the regulatory authority. In India, the secondary and primary markets are governed by the Security and Exchange Board of India (SEBI).

A stock exchange facilitates stock brokers to trade company stocks and other securities. A stock may be bought or sold only if it is listed on an exchange. Thus, it is the meeting place of the stock buyers and sellers. India's premier stock exchanges are the Bombay Stock Exchange and the National Stock Exchange.

What is Astrology?

Indian astrology is the oldest system of astrology in the world differs considerably from the western system and Chinese astrology. Indian astrology uses the actual constellations of stars, position of planets and Sun as seen in the sky at the time of individual's birth. Indian ancient astrology system gives a completely different chart as compare to the one used by western astrologers.

Ancient astrology is found in the part of Atharva Veda in the form of ‘Mahopanishat’ or ‘Jyothishmati’. As per Indian astrology every event in our life is based on position of celestial bodies at time, date and place of birth.

History of Astrology has its root in the Vedas of Hindu that are the oldest scriptures in the world. The Vedas has six supplements also known as Vedangas or the limbs of the vedas. JyotishVedanga--Vedic astronomy and astrology on which the Indian ancient astrology is based is one of these.

Indian Ancient Astrology has six branches. These are:

1. Gola: Positional astronomy 2. Ganita: Mathematical calculations to find Gola 3. Jataka: Natal astrology 4. Prasna: Answering question based on the time it is asked 5. Muhurta: Auspicious time to start anything 6. Nimitta: Omens and portents

It is highly authentic and its predictions are believed to be the most accurate. Being based on the actual constellations of stars, this is the most widely used system of astrology across the world.

Indian astrology believes Sun as the basic of life which is true as we cannot imagine life without Sun. Force of intelligence and spirituality is defined by the Sun as per Indian astrology vedas. The fertility cycles is governed by moon and it rules the emotional nature of individual. Spiritual practices, like Yoga, prayer and meditation are also the part of Indian astrology that help us to remove any kind of doshas because of bad karmas. Vedic Indian astrology truly let the soul meet its final destination that is God by leading a spiritual and right life.

Financial Astrology

Introduction

Financial astrology is the predictions of financial aspects of any economy, Financial astrology can be applied to multiple fields other than only forecast for an individual. it is the astrological technique to analyze and predict matters of business and finance .

Predictions of financial moments is done by observing trends and events with the change of planets and stars which are of worldwide influence. The other is to chart horoscopes for specific businesses, countries, or financial ventures, and interpret them.

Venus is the brightest object in the sky except for the Sun and the Moon. Since Venus is an inferior planet, it shows phases when viewed with a telescope from the perspective of Earth. Venus' orbit is the most nearly circular of that of any planet, with an eccentricity of less than 1%. Venus' rotation is somewhat unusual in that it is both very slow (243 Earth days per Venus day, slightly longer than Venus' year) and retrograde. Venus is only slightly smaller than Earth (95% of Earth's diameter, 80% of Earth's mass). Venus has thick layers of clouds composed mostly of carbon dioxide. These clouds completely obscure our view surface and produce a run-away greenhouse effect that makes Venus' surface temperature hot enough to melt lead. Most of Venus' surface consists of gently rolling plains with little relief.

Shukra (Venus)

Externally, Shukra relates to everything that is for the purpose of providing luxury and comfort. Refined, artistic, and elegant things, ornaments, jewelry, art, music, performances and concerts. All people who create or enjoy such things: models, designers, artists, poets, painters, women wearing makeup. Also people involved with creating balance and harmony such as certain types of counselors and advisors.

Physically, Shukra signifies the semen, the most refined aspect of the male physiology. It rules the reproductory organs in general for both males and females.

Internally, Shukra represents our ability to enjoy and be balanced. This in turn is expressed in how affectionate, gentle and loving we can be to others. Shukra relates to the overall refinement of our system, in all its various aspects.

Qualities signified by Shukra: refined, harmonious, desirous, elegant, social, soothing, affectionate, artistic. Determining what objects are signified by Shukra: Whatever is related to the beautification and smooth state of the system. Those elements that "oil" the other parts without doing the work itself.

Resample Period

The period which has been selected in the study includes the years 2010 to 2019 i.e. 10 years. However information and data pertaining to past several years became inevitable to be discussed during the progress of the study and hence such relevant data are also used for study purposes at suitable places in the text of the thesis as per need and requirements of the proposed study.

Nifty-50 Data-Venus

H0: There is no significant correlation between closing price of Sensex and movement of Venus.

Correlations Closing Price VENUS Closing Price Pearson Correlation 1 .049* Sig. (2-tailed) .019 N 2297 2297 VENUS Pearson Correlation .049* 1 Sig. (2-tailed) .019 N 2297 2297 *. Correlation is significant at the 0.05 level (2-tailed).

Interpretation

The table shows the Karl Pearson’s coefficient of correlation value is 0.049 i.e., around 4.9% correlation exists between closing prices of Sensex and movement of Venus and it corresponding p-value is .019 which is less than .05; therefore null hypothesis does not hold good and it can be interpreted that there is significant correlation between closing prices of Sensex and movement of Venus.