2025-01-03 07:39:32 Astrological Nifty Prediction : Consolidation possible| Opportunities at lower levels | Watch banks - நித்ய சுபம்

Daily Forecast – Share Market – January 3rd, 2025

Consolidation possible| Opportunities at lower levels | Watch banks

Saturn with Mars (Rx) leads the day, well supported by Sun, Moon, Jupiter (Rx), Mercury and Venus. Banks and financial institutions may be giving some chances for the coming time.

I must say that lord of banks will be giving support to own house of banks and financial institutions, that means coming week can give better results for banks and financial institutions. It will be better to avail the advantage.

Previous day was good after a long gap. But previous Pre-budget session is ready. Movements will be seen in coming time also. Nifty may try to hold above 24000. Also look for 24250 (or hold this level – chances). I believe sales volumes of December 2024, will be giving impact during the day again.

Crude oil prices may further look for upper levels. May remain around 74-77 USD. Global cues may not be supportive, but our own reasons will be better to handle the coming days.

Movements in banks, financial institutions (look for better prices) for the fortnight or so, similarly, some more sectors like IT, Pharmaceuticals, healthcare, fertilizers, sugar, petroleum marketing companies, energy, logistics and many more may remain active.

Even then market may try to show some consolidation above 24000 of Nifty levels or may also try to hold the levels above 24250.

Market is gearing up for the budget in next month. News and expectations may gear up many sectors. So, in coming days news and discussions will be important.

INR is losing its base and heading for 86 /USD.

Indian Currency

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