Markets will be influenced this week by quarterly results, macroeconomic data, and worldwide trends. Analysts

Analysts have highlighted several factors that will influence the movement in the equity market this week, including quarterly earnings from IT giants like Tata Consultancy Services (TCS) and Infosys, macroeconomic data releases, global trends, and foreign investor activity. Additionally, the performance of the rupee against the dollar and Brent crude oil prices will play a crucial role in shaping market dynamics. Data announcements such as industrial and manufacturing production figures for August, inflation rates for September, and Wholesale Price Index (WPI) data for September are on the macroeconomic calendar.

Market participants are eagerly awaiting corporate performance reports for the second quarter of the fiscal year. TCS is scheduled to reveal its Q2 results on October 11, followed by HCL Technologies and Infosys on October 12. Monitoring the trading activity of Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) is another key aspect. Furthermore, the market will react to global events, including Eurozone inflation data, US initial jobless claims, and Federal Open Market Committee (FOMC) minutes. In the past week, the BSE benchmark rose 0.25%, while the Nifty increased by 0.07% amid volatility and mixed signals.

As the week progresses, attention will pivot toward quarterly results from the IT and banking sectors, marking a significant period for market observers.

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