RBI MPC, IPO action and FII tendencies amongst 8 components to impress stock markets in vacation-truncated week
Indian benchmark indices ended the week with losses of two.7%, dragged down by IT and pharma stocks after U.S. President Donald Trump’s diktat on H1-B visa fees and tariffs on pharma merchandise. When markets reopen on Monday, a few home and worldwide triggers for the length of the vacation-truncated week will plight the tone.
Stock exchanges will remain closed on Thursday, October 2, for Mahatma Gandhi Jayanti and Dussehra.
On Friday, the Nifty rose 236.15 aspects or 0.95% to complete at 24,654.70.
Santosh Meena, Head of Be taught at Swastika Investmart, nicely-known that final week used to be amongst the toughest for equities in 2025 to this level. Whereas benchmark indices fell sharply, the broader market bore the brunt. The Nifty slipped under key fascinating averages once more, although it has largely been vary-certain in latest months, oscillating sharply on both side without respecting averages.
Key components to understand when markets reopen:
RBI MPC
The RBI’s monetary policy committee will open its three-day assembly on Monday, with the consequence due Wednesday, October 1. The central monetary institution is extensively anticipated to clutch care of the repo price unchanged at 5.5%.
Tariff readability
The Avenue awaits readability on U.S. tariffs on Indian pharma. Whereas concerns spooked markets, reports counsel the measures might perchance presumably perchance merely most effective impact patented and branded tablets, no longer generics. Analysts advise the initial fall used to be largely sentiment-driven. Crisil Intelligence warned that steep tariffs on Indian goods remain a critical menace, with doable to dent exports and investment.
U.S. markets
Wall Avenue ended elevated on Friday after largely in-line inflation knowledge, however all three predominant indices closed the week lower. The Dow gained 299.97 aspects to 46,247.30, the S&P 500 added 38.98 aspects to 6,643.70, and the Nasdaq rose ninety 9.37 aspects to 22,484.10. Indian markets tend to clutch cues from U.S. equities.
IPO calendar
It will be a busy week for IPOs, with 20 mainboard and SME offerings lined up. Mainboard components consist of Glottis, Fabtech Applied sciences, Om Freight Forwarders, and Come Agrolife. SME listings opening Monday consist of Vijaypd Ceutical, Om Metallogic, Suba Accommodations, Dhillon Freight Service, and Chiraharit.
On Tuesday, 10 more components, together with Zelio E-Mobility, Shlokka Dyes, Sunsky Logistics, Infinity Infoway, and Sheel Biotech, will birth.
FII/DII flows
FIIs were earn sellers of Rs 19,570 crore within the week, whereas DIIs sold equities price Rs 16,200 crore. On Friday, FIIs sold Rs 5,687.58 crore whereas DIIs purchased Rs 5,843.21 crore. Year-to-date, FIIs bask in sold Rs 1.Forty eight lakh crore price of equities.
Technical components
Ajit Mishra, SVP – Be taught at Religare Broking, mentioned sustained weakness in index heavyweights has accelerated the Nifty’s decline.
The index is nearing toughen spherical the 200 DEMA at 24,400. He added that the correction in mid- and diminutive-cap stocks has dampened sentiment further, and urged a cautious manner with focal level on basically get stocks.
Rupee vs Greenback
The rupee hit a account low this week, forced by concerns over U.S. tariffs and visa price changes affecting change, remittances, and portfolio flows. It closed at 88.7175 per dollar on Friday, down 0.7% for the week—its steepest fall since gradual August. The RBI’s interventions restricted losses, although merchants set up a matter to a slack depreciation forward.
Indecent oil
Oil prices rose over 4% for the week as Ukraine’s strikes on Russian energy infrastructure caused Moscow to restrict fuel exports. WTI indecent settled at $65.19, down 0.32% on the day, whereas Brent closed at $70.13, up 0.Forty eight%. Better indecent prices pose inflation risks by elevating transport and enter charges.
(Disclaimer: Ideas, recommendations, views and opinions given by the specialists are their very bear. These construct no longer symbolize the views of The Economic Times)
