Daily Forecast – Share Market – June 5th, 2025
Nifty may look for another 100 points | Stoploss @ 24550
Mars with Moon leads the day, well supported by Sun, Jupiter, Saturn, Mercury and Ketu. Importantly, Mars is in the last degrees of its neech rashi, suddenly we may see some Jhatka from foreign nations (any of our neighboring countries) in coming time. It will be better to take guards.
Nifty may try to look for another 100 (or so) points on upper side. Lord of Banks and financial institutions will remain in own house and sign in the next week. So, this will be protecting own house and related segments like banks and financial institutions etc. Jupiter is giving aspect to own sign and house, so sea related segments may also show movements during the day and in coming time.
For Taurus sign, chances of better financial gains and opportunities are expected. Look for the opportunities. In coming time we may see some suddenness in the market, banks and financial institutions, news from government and agencies may be affecting the market in coming time. Keep a watch.
Everyone is waiting for the news from US on 09-06-2025, related to tariff. I feel, again some confusion can be seen during the period. At the same time crypto currency may also show some suddenness, because of one powerful person of the world or agency of the world.
IT, travelling, communication, space and other segments related to communication instruments may show some better indications. Petroleum and related segments, automobile tyres, logistics and many more. Watch alcohol, pharmaceuticals, healthcare and other segments with insurance especially healthcare etc.
Nifty may look for 24750 or so. But watch the levels of 24550 of Nifty. Crude may maintain the same levels.
Indian Currency
Indian Rupee may trade in between 85.40 to 86.10 per USD.
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