Daily Forecast – Share Market – December 27th, 2024
Mixed Day Possible | Nifty may remain within range | Watch Banks
Saturn leads the day, well supported by Sun, Moon, Mars, Rahu, Ketu, Jupiter and Mercury. Mars Neech and Venus are exchanging their aspect. Our market is still influenced with the activities of foreign markets or FIIs.
It seems that Nifty is inching towards 24000 or so. It will be better to be on the backfoot for the time being. Sudden changes are possible. Be careful with Bank Nifty.
Global markets may not be giving strong indications or may give mixed indications. Even then market may not show much enthusiasm in the coming month – January 2025. FIIs are still building pressure on our market.
Markets may show the impact of various local and foreign political activities. Human based sudden changes possible that means big players or news may give changes in the market’s movements either today or in the coming time.
INR is now stable above 85 against USD. Crude oil may remain in between 72-75 USD.
Trade with defensive emotions, because of global and local issues (economic issues).
Indian Currency
Indian Rupee may trade in between 84.80 to 85.50 per USD.
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