The ongoing tariff tensions between the United States and China, as well as domestic inflation data and the quarterly results of blue-chip companies HCL Tech, Infosys, and Reliance Industries, will be the main sources of interest for stock market investors this week, according to experts.
Geopolitical events and worldwide market patterns would also influence investor mood.
“A combination of local indicators, worldwide macroeconomic developments, and company profits will determine the direction of the markets this week. Global risk sentiment is anticipated to be tempered by the continued escalation of the US-China tariff conflict, which precipitated a steep sell-off on Wall Street on Friday. The CEO of online trading and wealth management company Enrich Money, Ponmudi R, said that the resumption of trade tensions may lead to dollar outflows, which would put more pressure on emerging market currencies and stocks.
Friday’s US market close was a steep decline. The Dow Jones Industrial Average fell 1.90 percent, the S&P 500 fell 2.71 percent, and the Nasdaq Composite crashed 3.56 percent.
“With attention turning to important domestic macroeconomic data and a packed Q2 FY26 earnings calendar, this week will be jam-packed with events. Regarding statistics, the government will publish September retail inflation (CPI) and wholesale inflation (WPI) estimates on October 13 and 14, respectively, according to Ajit Mishra, SVP, Research at Religare Broking Ltd.
According to him, investors would be closely monitoring the financial results of IT majors and midcap IT companies like Infosys, HCL Technologies, Wipro, Tech Mahindra, and LTIMindtree, as well as banking giant Axis Bank and Reliance Industries.
“Federal Reserve Chair Jerome Powell’s next address is anticipated to provide global clues on the course of monetary policy,” Mishra said.
According to an analyst, investors will also monitor the trading activities of overseas investors this week.
According to Santosh Meena, Head of Research at Swastika Investmart Ltd., “this week is going to be critical as global mood became cautious after a steep dip in the US markets amid increasing tensions between the US and China.”
When Jerome Powell, the chair of the Federal Reserve, speaks on Tuesday, October 14, attention will turn to the United States on the macroeconomic front. We will be watching his remarks carefully for clues about the Fed’s inflation trajectory and interest rate forecast, Meena added.
The NSE Nifty increased 391.1 points, or 1.57 percent, last week, while the BSE benchmark jumped 1,293.65 points, or 1.59 percent.