sky, in evening time, shows. —

will make us to be on a par with nithyasūris who are like decorations to paramapadham (ṣrīvaikuṇtam) —

the great nectar —

offering sweet nectar to celestial entities —

other than the one who is enjoyable for us in the same way he is enjoyed by the nithyasūris —

 being the lord of nithyasūris —

the (huge) paramapadham which you bestow on them —

it is the sarvĕṣvaran (supreme being) himself who is existing as the body composed of the five elements —

 dhĕvathās such as brahmā et al —

ŏh one who lives in paramapadham (ṣrīvaikuṇtam) and who cannot be known even by the dwellers of upper worlds such as brahmā et al ! —

having the name of sky —

the stars which roam around in the sky —

as the eternal wealth —

 considering to offer to dhĕvĕndhran [the head of celestial entities] —

thinking it as moon which is emitting light in the sky —

being the antharāthmā of the whole universe which is highlighted by the pancha bhūthams (the five elements), having the whole universe as prakāra (attribute) —

 Being the five great elements – earth, water, fire, air and ether —

in radiant paramapadham —

plucking a bamboo sprout with two nodes —

being the swāmy (lord) for the assembly of nithyasūris (permanent dwellers of ṣrīvaikuṇtam) —