Daily Forecast – Share Market – January 28th, 2025
US cues better – Neighboring market Mixed | Results important
Be careful if any Rosy news comes in coming month
Jupiter, Sun and Moon are leading the day, well supported by Saturn. Importantly, Lord of Cabinet is moved with Rahu, may give new news, but again like Mirage (Mrigmarichika). Giants of the trade are still waiting and watching the trade and announcements.
No one is expecting any strong or step to check inflation, and opportunities for employment. Bread and butter of our nation was IT, and was generating great Job opportunities, small and medium industries, they are not getting justified boost. Again, because of some reasons, they may not get practical booster, theoretical news may give some (short time momentum to the market).
Today, we may see some buying from lower levels. But remember, watchful steps may be better along with the trades. Wait n Watch, then move on either side. US may behave unpredictably even for their own nationals and companies.
Talk of the globe Artificial Intelligence (AI) – China has come up with strong competition to US Company, by launching economical but better performing chip. Grade wise, possibly chip from US is better, but performance and economical aspect wise Chinese startup has give better performer. This may give further jolt to many nations, who are not in decent trading relationship with China and shock to US leading company. Watch this segment with care.
End of the week, budget speech will be heard from Finance Minister. But market is not showing much interest to this. Indications for the future economic issues are clear.
Watch results of various companies. Market may show some impact of the same. Watch Gas (natural). Results of major companies are expected. This may give impact on the market’s movement.
Nifty may try to recover from lower levels. But be careful. Reason is conjunction of Venus and Rahu may mislead for the coming time.
Indian Currency
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