BUSINESS ANALYTICS ASSIGNMENT

INFOSYS
 On the macro front, industrial output data for May will come out on Friday. Inflation
based on consumer price index for June will also come on the same day
 Investors will also closely track movement of rupee against the dollar and crude oil
prices. Crude oil prices were trading at USD 107.74 a barrel.
 The rupee on Friday declined to 60.22 on fresh dollar demand from importers. The
rupee had hit a record low of 60.76 per dollar on June 26.
 Corporate earnings season is set to start this week with Infosys, and that will be the
major driving factor for domestic equity market. Better-than-expected US economic
data last week has not caused crash in equities and that’s a good sign,” said Vikas
Jain, founder Aditya Trading Solutions.