Infosys: Weak Guidance Could Weigh on IT

Market Outlook: Weak Opening Likely | Recovery Depends on Support Holding Indian markets enter Monday's session under pressure as elevated crude oil prices, geopolitical uncertainty and concerns around Infosys' growth outlook weigh on sentiment. GIFT Nifty signals a weak opening, but Friday's institutional buying and strong quarterly results from Kotak Mahindra Bank and AU Small Finance Bank could provide some support. Crude oil is trading at concerning levels near $115 per barrel, although price action suggests a possible rejection from recent highs. A sustained decline in crude would be a positive development for Indian equities, but one session of weakness is not enough to confirm a reversal. --->FII/DII Activity — Friday, 23 October 2026 Institutional Flow Amount (₹ crore) FII Cash Market +887.65 DII Cash Market +3,235.36 FII Index Futures −36.35 FII Index Options +12,360.54 FII Stock Futures +186.69 FII Stock Options +2,431.16 --->Banking Results Could Cushion Market Weakness !KOTAKBANK — Strong Profit Growth AU Small Finance Bank — Growth Momentum Continues Infosys: Weak Guidance Could Weigh on IT --->Today's Trading Playbook Bank Nifty: Closely monitor 54,000–53,800; wait for price-action confirmation. FII/DII flows: Friday's cash buying is supportive, but follow-through is essential. Banks: Kotak and AU results may provide stock-specific strength. IT: Infosys' reduced guidance could create opening pressure across the sector. Crude: A sustained decline would improve the market outlook; a renewed rise would increase downside risk.