superstition central
January 24th, 2008 - by Nazia VasiIf you scoffed at the last time someone told you not to cut your nails at night or to beware of bad luck because a black cat had crossed your path or to hang three green chillies, a lemon and a small peice of coal on a string for good luck because you thought you were ‘modern’, and didn’t believe in superstitions, think again.
If you thought the global recession or US sub prime rates led to the bloodbath on the Asian bourses on Monday and Tuesday, think again.
The Bombay Stock Exchange’s big bad black bull.
While rational behaviour is generally not expected from the stock market, 300 stock brokers on Tuesday protested outside the Bombay Stock Exchange against the newly installed ‘panvati’ (disaster) bull. At five feet high, eight feet long and weighing over a tonne, since it was installed at the begining of this year, the black bull was blamed for causing turbulance and leading to the ultimate crash of the BSE, on Tuesday.
Superstitions still run rife in modern day India and China. While some radio, print and Tv journalists blame the black colour of the bull, others blame the day it was launched as numerically inauspicious.
Email This Post
Print This Post
