Daily Forecast –Share Market – August 6th, 2026

Nifty range 24500 to 24700| CAS important | Stock specific trades better

Mercury and Mars are leading the day, well supported by Sun, Jupiter, Saturn, Mercury, Venus and Ketu. Lord of lagna and leader of cabinet or nation may be afflicted by the impact of foreign issues etc.

Yesterday again, CAS changed the table after closing of the market. Once again there was spike in the market. One can say it was a day of consolidation, but market would have given different results if CAS had not played its game since Monday. Tricky closing is again expected. Market will show recovery, whereas casual traders or regular traders will face pressure in the market, whereas Giants playing in CAS can make money after buying from lower levels. That means layman who is trading during the day, may again lose money. This 10 mins. gap may further give impact to the casual traders.

Again, there may be some pressure on the upper levels. Global markets like Nikkei etc. are responding negatively.

Crude oil may remain around 78-82 USD. Mixed day in the market. Keep a watch on global news for the trigger in the market.

Share market may respond to the foreign cues, oil, and some other issues to tune the market in coming days. Areas like Engineering, electrical and electronics with other segments like dairy, IT, automobiles, textiles, chemicals, solvent, rubber, cement and infrastructure may remain active with Banks and financial institutions. Other areas like defense, communication, aviation need a close look. Whereas defense may give better results.

Nifty may remain within the range of 24500 to 24700. Gold and Silver may remain around the same levels. Little bits of ups and downs may be seen during the day. Do not expect support from FIIs. INR has impact of inflow of $49 billion.

Indian Currency

Indian Rupee may trade in between 94.80 to 95.40 per USD.

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