Hot Stocks | Colgate, REC and Shriram Transport can give healthy returns in next 3-4 weeks
Episode 2112, Jan 14, 2020, 02:00 AM
Global cues kept markets volatile across the globe, including ours, last week. The news of geopolitical issues between the US and Iran hit the markets hard on the first day of the last week.
Sentiments remained downbeat in the following sessions too, on fear of further escalation after Iran targeted US troops. However, the news of ease in the tension between the two nations lifted the mood of the participants that triggered a sharp recovery in the last two days.
This week is also an eventful one as participants are closely eyeing the earnings announcements, macroeconomic prints and pre-budget discussions.
On the global front, though the geopolitical tensions seem to have subsided, it will remain on traders’ radar. The much-awaited trade deal between the US and China is also scheduled to be signed this week.
On the earnings front, some of the big names such as IndusInd Bank, Wipro, HCL Technologies and HDFC Bank will announce their numbers along with several others.