Legend of Lord Venkateswara
Once some rishis headed by Kasyapa began to perform a sacrifice on the banks of the Ganges. Sage Narada visited them and asked them why they were performing the sacrifice and who would be pleased by it. Not being able to answer the question, the rishis approached Sage Bhrigu. To reach a solution after a direct ascertainment of reality, Sage Bhrigu first went to Satyaloka, the abode of Lord Brahma. At Satyaloka, he found Lord Brahma, reciting the four Vedas in praise of Lord Narayana, with each of his four heads, and attended upon by Saraswati. Lord Brahma did not take notice of Bhrigu offering obeisance. Concluding that Lord Brahma was unfit for worship, Bhrigu left Satyaloka for Kailasa, the abode of Lord Shiva. At Kailasa, Bhrigu found Lord Siva spending his time pleasantly with Parvati and not noticing his presence. Parvati drew the attention of Siva to the presence of the sage. Lord Siva was furious at Bhrigu's intrusion and tried to destroy him. The sage cursed Lord Siva and left for Vaikuntam.
At Vaikuntam, Lord Vishnu was reposing on Adisesha with Sri Mahalakshmi in service at His feet. Finding that Lord Vishnu also did not notice him, the sage was infuriated and kicked the Lord on His chest, the place where Mahalakshmi resides. At once, Lord Vishnu hastened to apologise to the angry sage and pressed his feet to allay the pain caused to Bhrigu's leg. In doing so the Lord removed the eye in the foot of the sage, stripping of his special powers.Thereupon, the sage concluded that Lord Vishnu was the most supreme of the trimurthis and told the rishis the same.
" Venkatdhri samam sthanam brahmande nasthi kinchana Venkatesa samo devo na bhuto na bhavishyathi "
" There is no Shrine equal to Venkatdhri and there is no God on par with Lord Venkateshwara "
It is believed that worshipping Lord Balaji at Tirupati, on Guru Peyarchi day would bring His blessings.