No, not really. Palmistry is considered a part of physiognomy (the pseudoscience that associates traits with a person's appearance).
According to the records in murals and relics, palm reading was very popular in ancient India as a way of seeing one's fate and future.
In ancient India, researchers found people with common personalities and life styles usually had similar signs in their faces, palms, feet, or other parts of their bodies.
Based on this, palmistry was used gradually developed to predict a person's future. It then spread to other areas of the world like Europe and China. Now palmistry has become a popular career in many countries.