Daily Forecast – Share Market – April 9th, 2026

Market may show consolidation | Allow the market to settle

Venus, Jupiter, and Saturn are leading the day, well supported by Rahu with Mercury. Indications are clear that market will respond to the expected results of the companies performances (Q4). Market may maintain the levels of the market. Reason, aftereffects of US Iran war.

Little bit of profit bookings on the upper levels. Market will be suspicious regarding this ceasefire. Anyways, we are aware of the values of statements of few global leaders is like the behaviour of Rahu. I mean unpredictable.

Concern over strait of Hormoz may remain suspicious. Reason, attacks on Laban by Israel has increased. This ay further give impact on Crude oil prices. Little bit of hike in crude oil may be seen.

FIIs are not supporting the Indian market.

Watch Private banks and related segments.

Nifty may remain within the range of 23900 to 24100. I do not feel that market may show big high. Reason after a long jump in the previous day’s working after the impact of ceasefire announcement, which can be fragile or confusing in coming days.

Watch banks after a big run on previous working. I am still confused because of local practical economic situation, how long SIPs and MFs will give opportunities to DIIs (to hold the levels in coming days). Still energy crises may be seen in coming days, which may hurt production of various companies.

Watch before going for long.

Silver and Gold may remain within 72-76 USD, Gold may maintain around 4700 USD.

Indian Currency

Indian Rupee may trade in between 92.20 to 93.00 per USD.

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