Daily Forecast – Share Market – June 6^th, 2013

1. Mercury is conjunct with eighth house lord Jupiter, indicates some unexpected movements in the market. I do not think that this Jupiter will allow Mercury to take advantage of its own house. Nifty and Sensex may remain in negative zone. Banks and financial institutions are also not comfortable.
2. Pharmaceuticals and hospital related industry may perform better. Insurance and petroleum segments may be positive, but gold, Indian Rupee may give some negative trends. Silver may also see some profit booking.
3. Communication related, IT, Media, Aviation and transport related Industry may show some negative direction.
4. I will not prefer to take chances for long positions.