Market cues: Infosys Q2 result, Europe, currency and more
Quite a lot happened over yesterday and there is even more to look forward to today. Infosys Q2 result, August IIP data, after-effect of flooding in Australia, controversial US bill to punish China... Check it out!
One of the major factors that is likely to have a sweeping effect on the markets is the Infosys Q2 result today. Even though there is a slowdown in global economy and IT spend is down in the dumps, analysts say that IT giant will meet revenue and profit targets for the quarter. However, a cut in full-year guidance is expected. What out for how that pans out.