Last week, the Sensex tanked 1,986.04 points, or 2.68 percent, and the Nifty plunged 718.55 points, or 3.10 percent. Analysts indicate that the RBI's interest rate decision, TCS' earnings, crude oil prices, and global bond yields will be crucial factors influencing stock market movements this week.

Key Factors to Watch

  • RBI's Monetary Policy Meeting: This meeting will be closely monitored. The policy stance, inflation outlook, and growth projections will provide essential cues on the near-term trajectory of domestic interest rates and financial markets.
  • Earnings Season: This week marks the beginning of the earnings season, with major companies like TCS and DMart scheduled to announce their results.

Upcoming Data Releases

  • HSBC Services PMI and Composite PMI readings for September are set to be released on October 6.
  • TCS is expected to announce its September quarter earnings on October 8.

Crude Oil and Global Bond Yields