We are now just 108 points away from 10,000. Its said that the last mile is always tough. TCS disappoints in Q1 and Infosys might come up with the Q1 by 9.45am today and that will impact the market. A new all time high opening might happen to NIFTY but sustaining it and remaining there will be a challenge. Will there be a profit taking in the afternoon? Or Should you take any profit before that 10,000?
If profit is taking then the market will test 9850 levels. It’s a weekend and its unpredictable weekend this time.
Infosys is the only company coming with its Q1 result and we will know what happens by 10am today. There is a tough competition between Infy and TCS and with TCS missing the mark, infosys if it delivers will have a edge.
Fuel prices in important cities in India
Petrol prices fell just 1-2 paise and diesel by 3-4 paise.