Daily Forecast – Share Market – October 25^th, 2013

Opening in Negative Zone Expected

IT, Communication, Aviation, Transport, Tourism & travel Industries may see some negative trend or down ward direction. Banks and financial institutions may further do better.

I will not put money on infrastructure, construction or Vehicle or mines and Minerals for few days. I feel it’s a time to book profit in these segments (as and when required).

Financial institutions may support this market till the end of this month, but be watchful.

Inflation will be affecting badly to the economy, hence this is unpredictable market. Rahu is involved with Saturn due to maximum planets, so eatables may go further high, hence this industry may give further profit in share market. Agriculture related industry may further improve.

Indian Currency

Due to increasing inflation, Indian Rupee may further go down in coming days. Indian Rupee may maintain within 61.25 to 62.25 against per USD.