Nifty Prediction : Emotions weak | Impact of Forex – FIIs – Energy crises | Nifty may test 23650
Daily Forecast – Share Market – May 12th, 2026 Emotions weak | Impact of Forex – FIIs – Energy crises | Nifty may test 23950 Ketu with Jupiter leads the day, well supported by Sun, Mars, Jupiter, Saturn and Rahu. Suddenness may be seen during the day. Weakness of the lord of share market and banks/financial institution may affect the movement or not allow to move freely. Lord of banks/share market/financial institutions is now only one Navmamsha distance. Hence, weakness, is possible in finance, banks, share market etc. Watch news or speech of leader(s) of nation – which may give further impact on the market. Geo-political situation may remain critical. Impact on bullion market may be seen. Because of appeal by PM related to Gold and consumption of petroleum energy – indicates situation is tough/critical. I had mentioned in my earlier reports related to financial issues and energy crises etc. Anyways, indications are that foreign reserves (economy) may be affected further. Previously our IT companies were fetching good number of foreign reserves, exports were also fetching foreign reserves. But now, situation is different. Situation of economic situation is tough. Even then market is trying to hold the levels. Nifty may test 23650. Watch the trade with care during the day. US and Iran issue and Hormoz has created havoc for global economy and energy crises. But IT is not affected with this, whereas exports are also affected. INR may show […]