Correction may delay D-Street's tryst with 18K

The market is likely to witness a mild correction in the week ahead, feel experts. While there is no denying that there is liquidity in the system, profit booking and political developments may bring back the bears. This may just push back the timeframe by when the benchmark index may cross the 18,000-mark.
The coming week will also see more than its share of volatility. It is the results season and all eyes are on tech major Infosys, which will kickstart the earnings season on October 11. Since export-driven companies derive a large chunk of their revenues in dollar terms, a stronger rupee will impact their earnings and operating margins.

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