
Daily Forecast – Share Market – May 6th, 2025
Nifty may look for 24550 or so | Movements better | Use the period
Saturn leads the day, well supported by Sun, Mars, Jupiter, Mercury, Venus and Ketu. Today’s market may show activities, including midcaps and large caps. All the planets are in the axis of Rahu and Ketu. Importantly, cues from foreign lands may influence the market. But this time direction by FIIs is clearly seen for the time being.
This global trade war had effected the consumption of crude oil, because global economy has gone down.
In Indian market, I have a question regarding IT industry – is Honeymoon period of IT industry in India over? Because of shrinking job opportunities, their stock representation in the market, company like Infosys has reduced staff strength, impact of AI, and many more reasons. Or this period is for consolidation of their energy to take a new leap in coming time.
Since, lord of the share market will be moving in Aries sign on 07-05-2025, so protection to the share market by its lord will not be there.
Still defense related segments are better. I had already mentioned in my earlier posts (since last 2 years) that defense related segments may remain better after September 2025.
Nifty may try to move ahead with some cautiousness. Even then may try to look for another 100 points etc.
We may see activities in almost all the segments. News from the government may indicate an impact on the market. But it will be better to track foreign news/cues. Some news may show an impact on the market.
Movements in all the segments can be seen, including alcohol related companies, sugar, Pharmaceuticals, defense, automobile tyres, financial institutions and services including insurance, communication instruments, and many more etc.
Our Market is again looking for proper direction, but till 18-05-2025, market may give deceptive moves for the long term.
Indian Rupee may trade in between 85.00 to 85.60 per USD.
** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.
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