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Weekly Market Triggers — for the upcoming week (19th Oct to 23rd Oct)
Research Desk17 October 20262 min read
Nifty +2.78% up, Sensex +3.11% higher, for the week ending 16-Oct. The FM hinting at a review of STT and LTCG tax, gave a sentimental boost to markets, which could sustain. Mid-cap index +0.58% higher;…
Triggers for the Week and How They May Impact Markets
| Trigger for the Week | How will it impact? |
|---|---|
| Nifty +2.78% up, Sensex +3.11% higher, for the week ending 16-Oct | The FM hinting at a review of STT and LTCG tax, gave a sentimental boost to markets, which could sustain |
| Mid-cap index +0.58% higher; small cap index -0.12% down this week | The enthusiasm in large caps did not rub off on smaller stocks and they are likely to remain under pressure |
| Major large cap corporate results to be announced this week for Q2FY27 | HDFC Bank, ICICI Bank, Axis, BFIN, Ultratech, Eternal, HZL, Adani Green, HPCL, Infosys, JSW Steel, Kotak Bank |
| Major mid-cap corporate results to be announced this week for Q2FY27 | IDBI Bank, India Cements, Piramal Finance, SRF, Colgate, CPCL, Coforge, Shree Cements, UTI, IDFC Bank, JKCEM |
| USDINR to be in focus after closing strong at ₹94.96/$ for the week | The rupee hardened from a low of ₹97.50/$, after RBI announced measures to curb speculation and outflows |
| Brent Crude rallies to $109/bbl as the Iran-Arab war chokes oil flows | Houthi rebels have targeted key oil hubs in Saudi Arabia restricting oil supply and pushing up prices sharply |
| Key dividend payouts with record dates falling in the coming week | MRPL, Elecon, Angel One, Tech Mahindra, LTM, IRFC, ICICI Lombard, 360 WAM, HDB Financial, TIPS Music |
| OEA to announce core sector output for September next week # | While infrastructure output is expected to taper from 4.8% in August, pressure will come from fossil fuels |
| RBI to publish minutes of the MPC policy meet on Wednesday, 21-Sep | Markets will be closely tracking the language of the MPC minutes, with another 25-bps rate hike likely in Dec-26 |
| FPIs sell $830 million this week, sell $5.41 billion in first half of Oct-26 | Even in a bullish week, FPI selling persisted on oil and yield spread worries; even as valuation concerns stay |
| Six IPOs to list next week; Two IPOs to open for subscription next week | Jio Platforms (₹30,213 crore) & Paras Healthcare (₹1,450 crore) to raise ₹31,663 crore from investors next week |
| Nifty S/R at (22,990/23,226); Sensex S/R (74,235/75,001) for next week | Crucial levels for change in Long View will be 22,740 for Nifty and 73,443 for Sensex; with Shorts only below that |
| Key data points from US markets to be keenly watched next week # | Building Permits, Housing Starts, API Stocks, Jobless Claims, PMI, US Leading Index, Fed Balance Sheet |
| Key data points from ROW markets to be keenly watched next week # | PMI, ZEW Sentiment (EU); AEI, Jobs, CPI (UK) CPI, Trade Surplus (JP); GDP, IIP, FAI, PBOC Loan Prime Rate(CN) |
Abbreviations
OEA: Office of the Economic Advisor · AEI: Average Earnings Index · FAI: Fixed Asset Investment · PBOC: People’s Bank of China
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