In force for Infosys
The choppy movement, especially during the last two days shows that the bulls are taking a cautious stand. Infosys is slated to announce its earnings on January 11. A lot of expectations are built into the stock prices. Any negative surprise in the results could trigger a correction. Stay extremely cautious as the markets are close to their current peaks. IT stocks should continue to be the center of attraction in anticipation of stellar results. HDFC Bank, Hind Zinc, JP Associates, UTI Bank, BASF India and iGate are among the major companies announcing their quarterly numbers in the coming