Daily Forecast – Share Market – June 23rd, 2026

Market missing direction | Nifty range 24000 to 24200 | Midcaps and Small caps

Jupiter with Rahu leads the day, well supported by Sun, Saturn, Mercury, Ketu and Venus. All the planets are within the range of Rahu-Ketu and may develop chances of some misleading information or sudden changes in the pattern of trade.

News related to crude oil may give some gains to the market, but for Indian market, Petroleum companies may be in better position. So, for the news-based market movement – I agree that some emotional advantage to the share market will be seen during the day.

Many segments may show movements including banks, metals, chemicals, petro-based segments, financial institutions (although I do not feel that FIIs may be supporting the market). These feelings are based on planetary movements.

Lord of lagna and lord of Finance (natural  karak) and lord of banks are in the same house, that means – time is strongly looking for analytical approaches for the economic situation. Which may further impact on GDP, per capita income, demand of goods (which was very strong in 2014-2015-2016. We were proudly explaining consumption theory to the world. Now our backbone of IT is badly affected and also for foreign exchange. Reason our IT companies have not started working on new dimensions, whereas we have worked and earned on job work basis.

Still, IT companies are removing their own talents instead of using them to come up with new products to encounter AI or new challenges. That’s why FIIs are moving to other nations. Use the time. New era can be started after 2032 for India, provided our IT companies can work and ready to take challenges, and use their own man power or find new old gems of the trade.

Today, we may see nifty may look for 24200 and trimming on upper levels can be seen. Gold and Silver, be cautious for the period.

Local issues and foreign impacts will be key for the day, watch foreign cues, FIIs movement.

Crude oil may remain within the range of 75-79 USD.

Indian Currency

Indian Rupee may trade in between 94.20 to 95.00 per USD.

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