Eye on big results as weak ends!

If you care at all, you'll get some results. If you care enough, you'll get incredible results. - Anonymous.

Corporate results are hogging the headlines and will remain in the spotlight for some time to come. For today, the market participants will keep all their senses on high alert as Reliance Industries and TCS announce their numbers.

Investors will be keen to hear what the top management of the two bellwethers will say about their future prospects. Hindustan Zinc, Jindal Steel and Nestle India are the other top earnings to watch out for.

The start will be strong on the back of a worldwide rally in equities. Shares of Unitech, DB Realty and ADAG companies will be in focus after a trial court rejected the bails of 5 officials. The Delhi High Court is to take up their petitions today.




SBI will be in the limelight after it closed its controversial teaser loan scheme. With inflation a major worry and crude oil elevated, the weekly inflation data could have a sentimental bearing on sentiment.

The Nifty may face resistance around 5900. Near-term support is likely at 5700. It might touch 5935 if the momentum sustains. But expect some resistance around 5900.

Indian and global markets are closed tomorrow on account of Good Friday. Have a relaxed weekend.