Blame it on the stars
So you thought the bloodbath in the Indian markets was due to the shooting global oil prices and the strengthening of the US dollar against most global currencies? Think again. “The weakness in the market is due to the start of the Pitru Paksha period,” lamented a broker. But there is hope. “We expect the market to remain weak till 9.16 am on October 9, when the period ends,” he predicted. Pitru Paksha is a 16–lunar day period in Hindu calendar when followers pay homage to their ancestors. Some people are known to avoid big