Daily Forecast – Share Market – June 5th, 2026

Stock bound trades better | Bank News | Nifty may test 23250 / look for 23500

Jupiter, Moon with Rahu leads the day, well supported by Mercury, Ketu and Venus. Keep a watch on any technical news related to any segment or trading pattern. Which may give suddenness in the market.

Market may be influenced by the news from RBI and other sources. Market seems to be tricky. Our internal economical situation is not encouraging. Major was own issues, and then energy crises have highlighted this crisis, or it was the time to release indications for economic crises.

Geo-political situation is not comfortable.

Nifty may show upward movements in the beginning. After that we may see volatility or sudden moves. Banks and financial institutions may play some role for the trading session.

It will be better to say, chances of Mix Day.

FIIs are not supportive. Their withdrawal may continue. During this first week of the month, FIIs had liquidated remarkable amount. Growth indications will be again important.

Nifty may try for 23500 with turbulence. Nifty may test 23250. Keep a close watch on banks and financial institutions, which may indicate the direction of coming period.

It will be better to protect funds. Watch fundamentals of the companies and then move.

Crude oil may indicate for the same range of 94-97 USD.

Indian Currency

Indian Rupee may trade in between 95.30 to 96.20 per USD.

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