Infosys results today, keep eyes on annual guidance: Udayan

"It's the big day today with Infosys results coming up and we will probably get decent set of numbers backed by the present scenario of rupee," says CNBC-TV18's Udayan Mukherjee.

However, he adds the question hanging over is whether the annual revenue guidance will be marked down this time. While the global markets are quiet, Mukherjee says it is crucial to watch out few other days of consolidation post the big move of Friday and Monday. "We put up three points nearly in two days and hence, the market had to cool off a bit. We ran into a few resistances technically as well from a trading perspective," he says. Globally there has been a phenomenal rally over the last few days and Mukherjee believe things are now pausing around a bit. However, he denies anything