Daily Forecast – Share Market – November 13^th, 2013

Nifty and Bank Nifty may Open in Negative zone

Saturn is combust and gains/profit in share market /satta etc.  lord Jupiter is retrograde in the house of finance, giving aspect on Saturn, indicating possibility of down trend in the overall trading. Influence from out of India and our poor economic growth will affect this market.

Petroleum related companies may not be in comfortable position due to foreign related issues. IT, aviation, and other Industries generating finance from out of India may perform better.

Banks and financial Institutions may not perform well. Bank Nifty may trade in lower zone. Impact of economic condition will also affect Vehicle industry in coming days.

Food related industries may perform better along with pharmaceuticals too.

Infrastructure and Power sector, better to be watchful in this segment too. National debt position is alarming and will continue for at least 8-9 months.

Indian Currency

Indian Rupee may trade in between 62.75 to 64.25 per USD