Daily Forecast – Share Market – June 27th, 2024

Nifty indicating for 24000 | Budget linked market movements

Railways and related segments better in coming time (budget)

Rahu, Jupiter with Moon are leading the day, well supported by Mercury and Venus.

Market may be influenced with the cues from foreign market and political and local issues. As some new surprises are possible in working of government or better to say political issues. Which may give impact on the nation in coming time.

Market is in better emotions because of planetary movements and placement, only concern issue can be news from government agencies or some other political news or combination which may set the direction of market in July 2024.

Banks, financial institutions, with textiles, leather, IT (mid-caps), logistics, tours and travels, space, entertainment, fashion, FMCG, insurance, oil marketing and exploration, non-traditional, rubber and rubber-based segments, synthetic fabric based segments may also remain active and interesting. Keep a watch and avail advantage.

INR is cause of concern; crude may show some rise and remain around 84-87 USD.

Nifty is still moving with emotions, Rahu is indicating for further movements. This time possibly Nifty may try to test 24000. But monthly expiry can be a hurdle (just a chance).

Indian Currency

Indian Rupee may trade in between 83.20 to 83.80 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.