morning thoughts...
The markets remained volatile and rebounded from lower levels , the coming sessions will also remain volatile with sell on higher side and buy at all dips.
India has embarked on a journey to kick-start its economic growth engine. Therefore its power requirements are set to increase many folds. As 61% of the country's power plants still run on coal, the demand for the black gold is set to grow exponentially. The country has been opening up a mine a month in its pursuit to double coal output by 2020.
On the flip side, the huge clamour to burn more of the fossil fuel is expected to push India as the most polluting country among Asian nations. As per World Coal Association, China, India and Indonesia burn 71% of the world's newly mined coal. In comparison, coal consumption of developed economies such as Europe and North America is negligible as they have shifted to cleaner energy alternatives.
But India remains steadfast in its decision to increase coal production stating that its per capita emissions are far below the world average. However, as per Centre of International Climate and Environment Research, India may replace United States as the world's second largest emitter by 2025 as extra emissions from its coal drive will offset savings from solar and wind power. Therefore as India moves ahead to secure its energy requirements, it needs to also invest more in cleaner technologies to reduce its carbon footprint and achieve responsible growth. Currently green energy sources such as nuclear, hydro and renewable energy account for 31% of India's overall power generation.
Astrologically Planet Venus is transiting in Leo on October 1, 2015. The lord of fiery sign Leo, Sun is a friend of Venus. Venus stays for approximately 20 days in a sign. Venus is having its authority on beauty, lust, luxuries, expensive items and addiction. In whichever house it resides, it affects the results of that house.
Nifty to witness big move of 400 - 500 points and bank nifty to witness a move of 1500 - 2000 points soon
Thursday wealth gains
Sell gold and silver
Buy nifty and bank nifty on dips and sell on rise
Buy sbi , hcl tech , bob
Buy tata steel 240 ca , sbi 240 ca , zee 400 ca
The markets remained volatile and rebounded from lower levels , the coming sessions will also remain volatile with sell on higher side and buy at all dips.
India has embarked on a journey to kick-start its economic growth engine. Therefore its power requirements are set to increase many folds. As 61% of the country's power plants still run on coal, the demand for the black gold is set to grow exponentially. The country has been opening up a mine a month in its pursuit to double coal output by 2020.
On the flip side, the huge clamour to burn more of the fossil fuel is expected to push India as the most polluting country among Asian nations. As per World Coal Association, China, India and Indonesia burn 71% of the world's newly mined coal. In comparison, coal consumption of developed economies such as Europe and North America is negligible as they have shifted to cleaner energy alternatives.
But India remains steadfast in its decision to increase coal production stating that its per capita emissions are far below the world average. However, as per Centre of International Climate and Environment Research, India may replace United States as the world's second largest emitter by 2025 as extra emissions from its coal drive will offset savings from solar and wind power. Therefore as India moves ahead to secure its energy requirements, it needs to also invest more in cleaner technologies to reduce its carbon footprint and achieve responsible growth. Currently green energy sources such as nuclear, hydro and renewable energy account for 31% of India's overall power generation.
Astrologically Planet Venus is transiting in Leo on October 1, 2015. The lord of fiery sign Leo, Sun is a friend of Venus. Venus stays for approximately 20 days in a sign. Venus is having its authority on beauty, lust, luxuries, expensive items and addiction. In whichever house it resides, it affects the results of that house.
Nifty to witness big move of 400 - 500 points and bank nifty to witness a move of 1500 - 2000 points soon
Thursday wealth gains
Sell gold and silver
Buy nifty and bank nifty on dips and sell on rise
Buy sbi , hcl tech , bob
Buy tata steel 240 ca , sbi 240 ca , zee 400 ca
