Nifty Range : 5200 - 5400

Infosys results were disappointing and TCS not so impressive, although better than expected. Dow tanked on Friday on dismal consumer sentiment and some weak earnings. Bank of America, the biggest US bank, slid more than 9% and the S&P financial index dropped 4.4% as investors fretted about how banks will make money going forward.
Although Indian markets are immune to a certain extent on global weakness and concerns, its expected to open lower on Monday and the expected Nifty range for the week is 5200 - 5400 (Same as Last Week).