Market Outlook: Next 2 Days Crucial for Indian Market Amid Global Cues, Key Results

• Today and Monday are critical for the market, reacting to Infosys, global cues, and results from RIL, HDFC Bank, and ICICI Bank.
• Nifty's Lakshman Rekha is at 25,550-25,600; breaking it would be a negative signal, while resistance lies at 25,800 and 25,900.
• Infosys ADR's 8% surge could positively impact Indian IT, and Bank Nifty shows relative strength ahead of major bank results.
• Brent oil fell 6% as Iran geopolitics calm; RIL's results are a key cue, with expectations for ICICI Bank and HDFC Bank.
• Current market strategy advises caution, focusing on capital preservation and selective stock picking in Metal, PSU Banks, and Capital Market themes.

Why It Matters: The next two days are pivotal for the Indian market, driven by global events and major corporate earnings.