Daily Forecast –Share Market – May 29th, 2026

Watch banks after 11:15 Hrs (IST) for direction | Wave either side possible

Rahu with Jupiter leads the day, well supported by Moon, Mars, Mercury, Ketu and Venus. Movements in midcaps can be seen. Nontraditional segments, unpredicted news, alcohol, sugar, engineering and many more segments may show movements. Rahu may give wave. Reason, today Rahu is most powerful to handle the market, whereas Sun is indirectly active with all the remaining planets. Mercury is ready to move in own sign Gemini and house of finance, but Jupiter will be moving out on 02-06-2026 from the house of finance.

Banks and financial institutions will be enjoying support of their lord after 11:15 Hrs (IST). So, we may see some changes in the pattern of trade of banks and financial institutions, news from finance or likewise etc. Banks in coming days may try to hold the levels and enjoy the support of lord of banks and financial institutions.

ter 02-06-2026, we may see some direction of settlement related to sea related issues including crude oil etc.

Nifty may show some recovery from lower levels, but this does not mean that market has got the direction for upside movements. Nifty may try for 24000. Similarly, on the lower side, we may see correction or profit booking. Even then, this day may show sudden movements.

Crude oil prices may show some downtrend (possibly in the range of 90-95 USD). Gold may show rise in international markets. Chances of watching a cap on inflation (global). But in India, inflation may further trouble the common man.

Geo-political situation is still deceptive for long term. Iran has learnt that at any day, they can choak supply chain through shipping via Strait of Hormoz.

US-Iran issues may remain confusing for the time being. Chances are tough for end of war.

Anyways, buying from lower levels and pressure on upper levels possible. Global market may have mixed day.

Nifty range 23750 to 24000. Banks after 11:15 Hrs (IST) may give direction.

Indian Currency

Indian Rupee may trade in between 95.20 to 96.00 per USD.

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