Small and midcap stocks are poised for a strong recovery. Earnings are expected to grow significantly over the next four to six quarters. Cyclical sectors like banking, financial services, and automobiles will lead the market. Oil marketing companies are set to benefit from stable crude prices. Capital market-linked stocks offer select opportunities for medium-term investors.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major