Daily Forecast – Share Market – November 11^th, 2013

Nifty may Open in Negative zone | Shipping or Sea related Industries Better

Mercury has started transiting direct from midnight (IST), so, speed of transit for us is low, hence impact on share market from outside reasons will be effective, such as Saturn is combust etc.Agriculture related shares such as irrigation, fertilizer may trade in negative zone, banks may have mixed movements, but Industrial growth or negative impacts of results of Industries may give the negative trend to the share market. Hence, Nifty may open in Negative zone.

Jupiter and Venus are exchanging aspect and indicating that sea, related such as shipping related industries, Gems and artificial Jewellery related Industries may give some better movements, Petroleum industry may also give some movement. Insurance segment may give good movement.

Power, Infrastructure and Vehicles etc. may be doing better, Hotel etc. Industries may not be doing well.

Indian Rupee

Due to inflation status and poor Industrial growth and national debt position, Rupee may move in between 62.0 to 63.25.