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Dhanishtha is taken as the twenty third nakshatra among the 27 nakshatras which are considered important in Vedic astrology for making calculations from horoscopes. The literal meaning of the word Dhanishtha is The Wealthiest One and accordingly Vedic astrology translates the meaning of this nakshatra as very wealthy and beneficent. Many Vedic astrologers believe that the strong influence of Dhanishtha in a horoscope is capable of blessing the native with great amounts of wealth and status and it also brings many kinds of pleasures in the life of the native and such natives lead happy lives. Most of the Vedic astrologers take a musical drum as the main symbol of this nakshatra which associates this nakshatra with all kind of musical activities and accordingly the natives under the influence of this nakshatra are inclined towards one form of the music or the other. Some Vedic astrologers believe that the musical drum used as the symbol of this nakshatra is the Damaru of Lord Shiva and through this symbol, Dhanishtha connects to Lord Shiva and exhibits qualities like creating something out of nothing just as a Lord Shiva can do and just as a Damaru can produce music from its hollowness. Some Vedic astrologers consider a Flute as the alternate symbol of Dhanishtha and this symbol of Flute again relates this nakshatra to music and creation of something out of nothing. So the natives under the strong influence of Dhanishtha are wealthy, they have a good taste and interest in music and they are capable of creating something out of nothing.
Vedic astrology assigns eight Vasus as the presiding deities of this nakshatra. Vasus are a particular group of gods like Rudras and Adityas and Vasus are considered as the byname of excellence, safety, wealth and many other good things. These eight Vasus are known as Apa, Dhruva, Dhara, Anila, Soma, Anala, Pratyush and Prabhasa and each one of these Vasus brings his unique qualities to Dhanishtha and as a results Dhanishtha is blessed with qualities like organizational skills, being full of energy, being fixed in nature like Dhruva and many other good qualities possessed by these eight Vasus. Some Vedic astrologers assign Lord Shiva as the final presiding deity of this nakshatra and accordingly some qualities of Lord Shiva like his ability to create music and dance and some other qualities are exhibited through this nakshatra. Vedic astrology assigns Mars as the ruling planet of Dhanishtha and accordingly this nakshatra gets many qualities like bravery and being engaged in some kind of warfare profession, from Mars. Martian energy is at its peak in this nakshatra and some Vedic astrologers believe that Mars sees its maximum exaltation in the parts of this nakshatra which fall in the sign of Capricorn. The first two parts of this nakshatra fall in the sign of Capricorn ruled by Saturn whereas the last two parts of this nakshatra fall in the sign of Aquarius, also ruled by Saturn and therefore Dhanishtha comes under the influence of Saturn also. Saturn is planet known to exhibit qualities like organizational skills, perseverance and discipline among many other qualities and these qualities of Saturn are exhibited through Dhanishtha which make this nakshatra a very goal oriented nakshatra and the natives under the strong influence of this nakshatra are usually very good at pursuing their goals until they achieve them.
Natives under the strong influence of Dhanishtha have good interest in music and some of them choose some kind of profession related to music, as their lifetime profession. Dhanishtha natives have a good amount of confidence and bravery due to the strong influence of Mars on this nakshatra and many Dhanishtha natives can be seen practicing in the fields like army, police and other such professions due to strong impact of Mars on these natives. Dhanishtha natives are very fixed in nature and they work hard to reach their goals and they are able to achieve their goals many times due to the qualities like perseverance and good organizational skills possessed by them due to the influence of Saturn on this nakshatra. Dhanishtha natives have a good sense of business, trade and diplomacy and they use these qualities to climb the ladder of success in their lives. Dhanistha natives are good at enjoying their lives and whatever they achieve in their lives and therefore such natives are generally seen living happily and in fact living a happy and prosperous life is one of the main qualities possessed by Dhanishtha natives. The natives under the strong influence of this nakshatra are very much materialistically oriented, particularly when Dhanistha falls in the sign of Capricorn in the horoscope of a native whereas Dhanishtha natives are also seen to have good spiritual tendencies in the cases where this nakshatra falls in the sign of Aquarius. Many Dhanishtha natives are however stubborn to some extent due to the strong influence of Mars on this nakshatra and therefore it can be difficult to make them give up to any kind of pressure and they should better be handled by convincing them with logic and giving them some time instead of pressurizing them to do something which they do not do in most of the cases. Dhanishtha natives can be termed as egoistic, adamant or stubborn due to this quality possessed by them but it should be noted that many Dhanishtha natives can be convinced by supplying logic to them and giving them some space and time to reconsider their decisions.
Dhanishtha natives are good at social skills and they know the art of making and maintaining social relations and accordingly they are seen to have a big social circle. These natives possess good conversational skills which help them convincing people and maintaining their social circle. Some Vedic astrologers believe that the strong influence of Dhanishtha in a horoscope is not good for marriage and marital life of the native and such a native can suffer from disturbances in his marriage which primarily arise due to the stubborn nature of the native as such nature leads to arguments and disputes and thus disturbs the marital life of the native. Vedic astrology assigns various professional spheres to this nakshatra and accordingly the natives under the strong influence of Dhanishtha can be seen practicing as musicians, dancers, artists, flute players, drum players and other such kinds of artists which play instruments which are hollow inside, policemen, army personnel, security guards, people working in security agencies and other kinds of people dealing in similar kinds of professional fields, athletes, sportsman and other kinds of people dealing in similar kinds of fields which require physical abilities, businessmen, diplomats, administrators, war heads, authority figures related to the field of defense and other people related to the field of defense like arms manufacturers and arms dealers and other such kind people and many other kinds of people dealing in many other kinds of professional fields. Some Vedic astrologers believe that a particular strong influence of this nakshatra can also make the natives practice as psychics, astrologers, spiritual healers and other kinds of spiritual people, tantrics, aghoris and other people dealing in similar kinds of fields.
Looking at some other facts associated with Dhanishtha which are considered important for making calculations like gun Milan for the purpose of horoscope matching for marriage, Vedic astrology considers Dhanishtha as a Female nakshatra which comes as a surprise as most of the planets and deities associated with this nakshatra are male and so far there is no convincing explanation available for this gender classification of Dhanishtha. Many astrologers consider Dhanishtha as movable in nature and active in functioning and both of these classifications are very much in tune with the general nature of this nakshatra. Vedic jyotish assigns the Varna of Shudra to this nakshatra and this classification is again hard to understand as Dhanishtha is associated with eight Vasus which possess very good qualities. Dhanishtha is considered as Tamasic in Gun and Rakshas in Gan and these classifications of Gan and Gun again do not have any convincing explanation though some Vedic astrologers explain these classifications on the basis of association of Dhanishtha with Mars and Saturn. The element assigned to this nakshatra is ether.