Daily Forecast – Share Market – April 24th, 2025
Nifty may test 24275 | Emotions better | Let the market settle down
Jupiter with Saturn leads the day, well supported by Sun, Mars, Rahu and Ketu. Local and political issues may give some impact on the market. But we can not ignore the impact of foreign cues etc. Keep a watch on news related to banks, financial services, ministry of finance or any agency of the government, which may affect the market.
Possibly we may see some profit bookings/trimming/consolidation is possible at least at the early movements. It will be better to use the day for the coming time.
Emotions of the market – possibly some global and local giants are involved in the play of 5-8 % within short span. Normally quick slipping of the market or quick rise of the market may not remain stable. So, it will be better to allow the market to take some “Saans”.
Banks, financial institutions, FIIs, news from foreign lands and many more may be affecting the market.
Nifty may test 24275. But emotions are not negative for the time being. Although lots of planetary movements and disturbances are ahead. Similarly, global issues are rising. We may see some natural calamity/man-made-created calamities.
Allow the market to settle down within first one and half hour and then look forward.
Indian Currency
Indian Rupee may trade in between 85.20 to 85.70 per USD.
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