Infosys Q2 results looks good. Rupee guidance looks good at 143-145 for the year (Rupee depreciation playing out). Looks good for some upside from this levels. May be a good call to move out of some Defensive's, FMCG's which are trading at more than 30-35 PE's to Big names in technology stocks which are cash rich and available at 15-17 PE. Need to closely watch out Global environment though.
• Gold breaks below $1200, further downside seen.
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• Indonesia Replaces Australia as Top Alumina Supplier to China, SMM Says.
MCX Crude Oil tips