The markets are likely to take cues from the Infosys Technologies results this morning. Analysts believe that the company is likely to meet its forecast,
Watch IIP numbers it may come above 1.45%
Metal stocks have made a decent move yesterday and they are likely to pull back or stay flat for the day. Consumer Durables and Goods were hard hit.Banks like Axis Bank and ICICI Bank which have retraced on Thursday might show some signs of life today, but do not expect a huge rally.
Infosys Technologies, UTV Software, Shiv-Vani Oil and REI Agro are the stocks to watch in today's trade as they are likely to report their Q1 numbers today. Overall a flat to positive day in the making for the indices, unless Infosys spoils the party with a bleak forecast
Stock of the day - Biocon
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