The News Agency of the International Society for Krishna Consciousness

Bronze Bull's Bottom Bugs Bombay Brokers

By: for BBC News on Feb. 5, 2008
World News
Photo Credits: AP
The statue was unveiled on 12 January
Indian brokers at the Bombay Stock Exchange are calling on the authorities to bring in religious experts to change the direction of a bronze bull statue.



They say the posterior of the bull, placed at the footsteps of the exchange building, points towards the traders which makes it inauspicious.



It has been a tough time for financial markets around the world with bourses being volatile recently.



Brokers in Mumbai have been hard hit with the sharp falls in share prices.



This has left them extremely concerned and worried.



Symbol of optimism



Some of the Bombay brokers are convinced that the root of all their troubles lies with the five-foot-tall bronze bull.



They want the religious experts to consult astrological charts to see if its rear end should point in a more auspicious direction.



The bronze bull - a symbol of this market's optimism and previously soaring fortunes - was put in place on 12 January by the Bombay Stock Exchange's management team.



Unfortunately for them, it coincided with some of the worst falls in Indian shares in recent years.



When contacted by the BBC, the exchange said it had no plans for now to seek astrological advice on the bull.
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