The new week starting from October 20 is going to be short from business point of view. There will be a holiday in the market on 21st and 22nd October due to Diwali/Lakshmi Puja and Bali Pratipada. Muhurta trading will take place on October 21 from 1.45 pm to 2.45 pm. After this there are Saturday and Sunday on 25th and 26th October. Therefore the stock markets will open only on 20, 23 and 24 October.
On Friday, October 17, the stock markets closed with gains for the third consecutive day. Sensex jumped 484.53 points or 0.58 percent to settle at 83,952.19 and Nifty rose 124.55 points or 0.49 percent to settle at 25,709.85. On the other hand, BSE Smallcap index fell 0.49 percent and Midcap index fell 0.43 percent. On weekly basis, Sensex saw a rise of 1,451.37 points or 1.75 percent last week, while Nifty registered a rise of 424.5 points or 1.67 percent. Let us know on the basis of which factors the movement of the market will be decided in the new week.
Quarterly results of companies
In the new week, the July-September 2025 quarterly results of about 50 companies including Jio Jeet Financial Services, Jain Resource Recycling, Epack Prefab Tech, Hindustan Unilever, Colgate Palmolive India, Vardhman Textiles, Laurus Labs, SBI Life, Dr. Reddy’s Labs, Coforge, ITC Hotels, Kotak Mahindra Bank will be released. Apart from this, the Indian stock market will react to the second quarter results of many big companies including Reliance Industries, HDFC Bank, ICICI Bank.
Update on US tariffs and trade agreements
US tariffs on China and signs of a possible trade deal between India and the US will act as major triggers for the domestic market. If India and America indicate a trade agreement that is beneficial for both, then there could be a good rally in the market. US President Donald Trump has said that US-China relations will improve after meeting Chinese President Xi Jinping in South Korea in two weeks.
attitude of foreign investors
After continuously withdrawing money from Indian stock markets for the last 3 months, foreign portfolio investors (FPIs) became buyers in October. He has infused a net Rs 6,480 crore into shares so far. The main reason for this is strong macroeconomic factors. His stance indicates better sentiment in the Indian stock market. Experts believe that future developments regarding trade and the current quarter results in the coming weeks will play an important role in deciding the stance of FPI. Valuations of Indian stocks, which were earlier under pressure, have now become more attractive. Due to this, the interest in buying in the fall is increasing again.
Retail inflation figures in America
Retail inflation figures will be released in America on coming Friday. The release of key macro data has been delayed due to the US government shutdown that began October 1. According to Reuters, however, the US government is preparing to release retail inflation data for September. CPI data will influence market expectations regarding interest rate cuts by the US central bank, the Federal Reserve. The Federal Reserve meeting is being held on October 28-29. In this, interest rates are expected to be reduced by 25 basis points.
movement of rupee
On Friday, the rupee closed at 88.02 against the US dollar, down by 6 paise. The domestic currency gained about 1 percent against the US dollar during the week. Talking on monthly basis, the rupee is up by about 1 percent after 5 consecutive months of decline.