MarketsText

    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 WeekHow will it impact?
    Nifty +2.78% up, Sensex +3.11% higher, for the week ending 16-OctThe 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 weekThe 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 Q2FY27HDFC 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 Q2FY27IDBI 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 weekThe 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 flowsHouthi 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 weekMRPL, 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-SepMarkets 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-26Even 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 weekJio 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 weekCrucial 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

    Turn market insight into a plan for your money.

    Talk to us

    Disclaimer: This content is for general information and education only and is not a recommendation to buy or sell any security.

    Was this article helpful?