IT major Infosys Result on October 10, 2008 may influence the market.
Infosys may miss the Dollar Guidance as Dollar
has appreciated deeply against Euro and Pounds.
Proxy War between Infosys and HCL in UK's AXON taken over
may trigger further bearishness in that counter.
Also continuous weakness on RIL, SBI, Infosys, TATA Steel will impact
Nifty on days to come.
Postional - Dabur India (BUY, CMP Rs89, Target Rs98)
Sell Axis bank on strength at around Rs.714 and await correction upto Rs.692/684