A corrective rally is in progress. However, the trend can reverse from higher levels

Domestic indices were volatile and ended the truncated week on a marginally positive note. The stock of IT major Infosys that plummeted on the resignation Vishal Sikka, gained some lost ground on news of former CEO Nandan Nilekani joining the board. The stock could rally this week, as Nilekani returns to Infosys as non-executive Chairman. Global markets remained subdued last week. In the coming we...