Best management lesson from BHAGBAT GITA

Five ‘Paandavas’: They represent our ‘Five Senses’ Viz. touch, taste, smell, sight and hearing.
(We also have other powers e.g. to think, to speak and to walk etc.)
Numerous ‘Kauravas’: They represent our never ending ‘Material Desires’. Material Desires
lead to ‘Material Pleasures’ and ‘Material Pains’ to be experienced by the soul through various
forms of ‘Material Lives’ on various ‘Material Planets’ Viz. Earth, Heaven and Hell.
Shri ‘Krishna’: He, as the charioteer represents our ‘Mind’ i.e. the ‘Director’ of our life. The
soul is linked to body through Mind.
The Chariot with Four Horses and Two Wheels: It represents that the charioteer of life i.e. the
mind has to control ‘Anger’, ‘Ego’, ‘Deception’ and ‘Greed’. It is to ensure Non-violence,
Peace, Truth and Simplicity. The two wheels represent ‘Sacrifice’ and ‘Forgiveness’.
Kurukshetra: It is the field of battle i.e. our current form of life as a ‘Human being’.
The War: It represents the war which ‘Five Senses’ have to fight against ‘Material Desires’ for
detaching the soul from material pleasures and pains. The control of mind over five senses
enables the soul to get enlightened for its spiritual growth. ‘Meditation’ helps in self-realization
to detach the soul from trap of ‘Karma’ related to material pleasures and pains, caused by
‘Material Actions’ through Thoughts, Speech and Physical Actions, either directly or indirectly.
Conversation between Shri ‘Krishna’ and ‘Arjuna’: It represents the ‘Learning Process’ which
we have to undergo to learn true ‘Spiritual Principles’.
The Victory: We, the eternal souls have to win over our material desires by controlling our
senses, which are directed by the mind. We have to detach our own self i.e. the soul, from
material pleasures and pains as applicable to our material form of life, which is currently as a
human being on one of the material planets called as ‘Earth’. When the soul achieves
“Omniscience” then it becomes completely enlightened. Such soul gets relieved from the birthdeath
cycle, into various material forms of lives, spread across various material planets. At the
end of such ‘Human life’ the soul enters into the ‘Spiritual Space’ i.e. it achieves “Salvation”. It
is also called as “Moksha / Nirvana” etc. in different languages. Thus the soul wins freedom
from material pleasures, pains and formalities attached to the material forms of lives forever.
Explanation of ‘Life’:
The true life is the eternal soul. Soul is an invisible living energy. The soul takes birth in a
material form of life and then takes rebirth in some other material form on death of the former
one, which has no beginning as per the ‘Theory of Karma’. The theory of karma is governed by
the ‘Laws of Life by Nature’, which is based on the principle of ‘Action-Reaction’. The
completely enlightened soul can win freedom and separate itself from the slavery of material
forms of lives forever i.e. Salvation. To become ‘completely enlightened’ means to get rid of
karma that traps the soul in material pleasures and pains. Salvation is the peak of spiritual
growth. It is the ultimate peace and happiness for the soul out of its permanent liberation from
the slavery of temporary material forms of lives on material planets Viz. Earth, Heaven and Hell.

Huge call writing from 3100-3300 caps Nifty upside

In a topsy-turvy trade, Indian stock markets managed to end in green on expectations of rate cut and stimulus package led to a rally in rate sensitive sectors friday . National Stock Exchange’s 50-share Nifty ended 0.44 per cent higher at 3046.75. Intraday, it touched a high of 3079.85 and low of 3021.80, a band of around 58 points. The index settled at a P/E ratio of 13.

In futures, Nifty January contract provisionally closed at a premium of 8.6 points to spot. The premium narrowed from 31 points earlier. The Nifty January contract price gained 0.38 per cent and added 20 lakh shares in open interest. The selling quantity was slightly higher than buy quantity, which shows players went short in the contract in late trade. The cost of carry was at 1.55 per cent.

For the second consecutive day, traders unwound short calls at 3000 strike while huge call writing was seen from 3100-3300 strikes. On the other hand, huge put buying was observed at 3000 while bulls wrote puts at 2900 and 2800 strikes. The options data indicates that Nifty will likely trade in 2870-3000 levels in the coming sessions.

“Traders booked profits in late trade as they unwound longs before the opening of major Asian markets on Monday, which were closed for New Year celebration. The government is expected to announce a stimulus package Friday evening but markets have already factored in the rational move. However, any extra over the expected might boost markets in the next session," said Ankit Sinha, CEO-Spark Advisory.

"Given the build up in options, I expect Nifty to remain in a range but with slight negative bias. Nifty has a strong resistance at 3100 levels while it has got a strong support in 2800-2900 zones in near term," Sinha added.

In stocks futures, Reliance Industries January gained 2.15 per cent and added 1.30 lakh shares in open interest. State Bank of India advanced 1.14 per cent and open interest added 2.75 lakh shares. Reliance Natural Resources saw huge unwinding of longs but the contract price rose 3.41 per cent to end at 62.25.

DLF gained 3.05 per cent with 8 lakh shares get added in open interest. Unitech advanced 4.74 per cent and added 38 lakh shares in open interest. Tata Steel slipped 0.37 per cent and shed 47750 shares in open interest. Bharati Airtel fell 2.09 per cent while, Reliance Communications jumped 2.15 per cent.

Total F&O turnover on NSE was Rs 31,631 crore, up 41 per cent from Thursday.