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Banking Sector in 2009
Introduction:
The U.S. financial crisis has had its reverberations on both developed and developing economies of the world. However, the Indian Banks have not experienced the kinds of losses that even revered financial institutions of the other countries have faced. In the backdrop of the ongoing global financial stress, GaneshaSpeaks foresees the opportunities presented by Indian Banking sector in 2009 for potential investors to invest in this sector. Base Period:- 01-01-2002 Date Of Launching:- 23-06-2003 Astrological Analysis  The elements Fire, Earth, Air and Water are not in harmony. Also, the elements Fire and Earth are less than average. Note: Any imbalance in the interplay of the below stated forces can result in chaos. In the natal chart of the banking sector, Cancer is placed in the first house and Ascendant Lord is placed in the house of destiny. Moon is placed in pisces sign in the Revti Constellation. The lord of the Revti Constellation is Mercury. Mercury stays in hold and banking sector makes sustainable profits. Ascendant Lord is placed in the house of destiny and the lord of destiny house is placed in the first house which indicates the hold of the banking sector on the Indian Economy. Sun, the lord of the house of economy, is placed in the 12th house, the house of foreign traders. This combination invited foreign banks to establish full service banking operations in India. However, Saturn is also placed in the 12th house so foreign bankers are not gaining. The period till January 28, 2010 will remain under the influence of Mercury Mahadasha. However, Saturn will pass through the second house of banking sector till September 09, 2009. The location of Saturn in the second house from January 26, 2009 to February 07, 2009 is highly disappointing as it denotes poor funding, stringent payment position, financial stagnation, slump in stock shares. Also, the period between May 25, 2009 to June 05, 2009 and September 24, 2009 to October 05, 2009 is not favourable and negative sentiments for the banking sector may prevail in the market. Ganesha's Grace, Dharmesh Joshi The GaneshaSpeaks Team 23 October 2008 10:21:21 GMT
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