After recording its highest one day gain in seven weeks yesterday, markets have turned weak in today's trade. Profit booking in heavyweights like RIL, Infosys, TCS, Tata Motors and ONGC weighed on the indices.
Going ahead, this week can be a make or break time in terms of sentiments as several index heavyweights are in line to announce their Q3 numbers. Hence, some swings on either side as a result of the earnings reaction cannot be ruled out.
Some of the names to watch out for are TCS, Axis Bank, Bajaj Auto, HDFC Bank, ITC, Reliance Industries and Wipro.
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So, of the mentioned above can one buy into any of these scrips ahead of their results in anticipation of good numbers.
Helping us decide the top pick is independent market analyst, AK Prabhakar.