As on 1st July 2013 Sun, Jupiter & Mercury in Gemini, Venus in Cancer, Saturn & Rahu in Libra, Moon in Pisces, Ketu in Aries and Mars in Taurus,. Planetary transits in July 2013 are 17th Sun -> Cancer, 4th Mars -> Gemini and 17th Venus -> Leo.
The planetary positions given are at the time of sunrise in India(Kerala) and conjunction effects on markets may be seen on the countries (Asia / Europe / US) over which conjunction(0°-5°)take places. As per above Nifty may move downwards on 10th/11th. Though Moon conjuncts with Saturn on 17th early morning the effect on Nifty is uncertain as Saturn's retrodgrade ends on 8th. All other conjunctions are on trading holidays. Mercury is retrograde in Gemini from 27th June and will turn to direct on 22nd July. It is to be considered along with Nifty's up move on 27th & 28th and it is likely that Nifty may move downwards and reach the 26th June position after 22nd July.