Daily Forecast – Share Market – December 3^rd, 2013

Nifty may open in Negative Zone | Profit Booking Expected

Four planets are connected with Mercury, which has exchanged its position with Mars, indicating a sign of Profit booking, and Mercury is strong enough to influence petroleum related industries, we can see some profit booking in Petroleum Industries where as Gas related Industries may give better performance.

Banks and financial Institutions can also give profit booking. Infrastructure and Power etc. may give some better performance.

Issues related to Industrial growth will affect this market for a day or so.

Import export industries may not be in comfortable position.

I feel day will be having low and negative trend.

Indian Rupee

Indian Rupee may maintain its position around 62.0 to 63.25 per USD.