Additionally, stock markets will monitor the trading activities of foreign investors who continued to sell Indian stocks in September.
FPI Outflows, Market Impact
Global trends, the release of macroeconomic data, and this week’s quarterly results from IT giant TCS will all influence trading mood in the equities market, according to experts.
Additionally, stock markets will be monitoring the trading activities of foreign investors who continued to sell Indian stocks in September.
In September, foreign portfolio investors (FPIs) continued to be net sellers of Indian stocks, pulling out Rs 23,885 crore, or about $2.7 billion, bringing the total outflow for the year to Rs 1.58 lakh crore ($17.6 billion).
TCS Earnings, Global Updates
With IT giant TCS set to release its results on October 9, this week will be crucial as the Q2 FY26 earnings season begins. Macroeconomically, we will be watching the release of HSBC services and composite PMI, as well as statistics on loan and deposit growth from the banking sector.
Ajit Mishra, SVP, Research, Religare Broking Ltd., said that “major IPOs from Tata Capital and LG Electronics queued up” will continue to drive primary market activity.
The emphasis will be on important US macroeconomic updates on a global scale, such as the FOMC (Federal Open Market Committee) minutes, unemployment claims, and consumer sentiment data, he noted, particularly in light of the current government shutdown that has already caused certain economic releases to be delayed.
Rupee, TCS, AI Updates
In the meanwhile, investors would also monitor the rupee’s movement against the US dollar given the local currency’s decline to a record low.
“The market will turn its focus to Q2 results and management comments, which might influence sector sentiment, after macro indications have stabilized. The IT industry will be in the news when TCS begins its results cycle for the quarter that ended in September 2025, a time marred by layoffs, a sharp increase in the H-1B visa cost of $100,000, and the Trump administration’s planned 25% outsourcing tax.
Nifty Gains on RBI Boost
Markets will be closely monitoring management’s comments about the effects of tariffs and visa fees, recruiting prospects, deal wins, discretionary tech investment, and advancements in AI projects in light of this. The tone of these updates may determine the direction of sector mood in the next weeks, according to Ponmudi R, CEO of the online trading and wealth tech company Enrich Money.
The Nifty increased by 239.55 points, or 0.97 percent, last week, while the BSE benchmark increased by 780.71 points, or 0.97 percent.
The recent RBI’s growth stance bolstered investor confidence, and Indian stocks ended the holiday-shortened week on a bullish note, according to Vinod Nair, Head of Research at Geojit Investments Limited.