Market Ahead, January 6: Top factors that could guide markets this week


Podcast News: Geopolitical developments in the Middle East, crude oil prices, and December quarter results will be the major driving factors for the Indian equity indices this week.
Global markets were thrown into fresh turmoil on Friday after top Iranian commander Qasem Soleimani was killed in a US drone strike in Iraq. The risk of possible retaliation from Iran is expected to keep the crude prices and the Rupee's level volatile which will have a direct bearing on the equity markets.
The earnings season kicks off this week with Infosys announcing its December quarter numbers on Friday and Avenue Supermarts on Saturday.
On the macroeconomic front, PMI data for the services sector for December will be released today and industrial production data for November will be announced on Friday.



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