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Today's Market Tips:-
- The Indian rupee opened flat at 66.63 per dollar today against Wednesday's closing of 66.64.
- Commodity currencies slumped while the safe-haven yen soared after global oil producers fail to agree on an output freeze, sending oil prices tumbling anew.
- Asian markets were trading weak as oil tumbled after a summit of top oil producers in Doha failed to reach an agreement to freeze production.
- Infosys on Friday, delivered good fourth quarter results after 3 successive beats; dollar revenue was slightly lower. It posted FY17 guidance of 11.5-13.5 percent.
- TCS will declare its Q4 numbers later today. The company is expected to deliver a dollar revenue growth of 1.4 percent. Margin improvement is seen on account of 2.3 percent rupee depreciation. TCS along with another Tata Group company has been slapped a fine of USD 940 million in a trade secret lawsuit by US grand jury, which could weigh on the stock.

