October 6, 2025

Hold tight, stock fans! The week wrapped up with a bang as India's benchmark indices, the Nifty 50 and Sensex, soared thanks to a combo of smart RBI moves, falling crude oil prices, and a big dose of good vibes. Nifty climbed nearly 1%, jumping 239.55 points to close at 24,894.25, while the Nifty Bank zoomed over 2%, hitting 55,589.25. The Reserve Bank of India played it cool by holding the repo rate steady at 5.50% — the lowest since August 2022. Why? To keep growth engines humming! They also raised their GDP growth forecast for FY26 to 6.8% from 6.5% and cut their inflation forecast down to 2.6% from 3.1%. This strong backing sent markets cruising. What's cooking for this week? First up, the Q2 earnings drama! The season kicks off with tech giant TCS' results on October 9, and investors will be all ears. The primary market also stays hot, with big IPOs from Tata Capital and LG Electronics set to shake things up. Keep your eyes peeled on macroeconomic updates too—HSBC's Services and Composite PMI numbers plus banking stats on loans and deposits could steer market mood. Across the globe, U.S. updates like FOMC minutes, jobless claims, and consumer sentiment are spotlighted, especially with the ongoing government shutdown slowing some reports. Ajit Mishra from Religare Broking shared his tech view: "Nifty closed close to its immediate resistance at 24,900, which coincides with the 20-DEMA. A sustained move above this level could extend the recovery towards 25,150 initially, followed by a major hurdle at 25,400. On the downside, immediate support is now placed in the 24,600–24,750 zone, with stronger support near 24,600." Institutionally, it's a tug-of-war! Foreign Institutional Investors sold stocks worth Rs 8,347 crore during the week, but Domestic Institutional Investors jumped in with a hefty Rs 13,013 crore, keeping market spirits alive. What about the oil scene? Crude oil prices dipped by a spicy 6.75%, a big relief for inflation worries and fueling hopes for a rate cut in December. Meanwhile, the Rupee slipped a bit, thanks to the RBI’s steady policy and ongoing global pressure, but steady liquidity and government spending helped steady the ship. Jateen Trivedi of LKP Securities said, "US tariffs remain a major overhang, keeping the rupee under pressure despite the dollar index holding steady in the 96–98 range. With NFP data due later, volatility could increase, and the rupee is expected to trade within 88.45–89.25." So, the stage is set for an electrifying week ahead with earnings, IPOs, and global twists ready to pump excitement in the markets. Stay tuned!

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Tags: Nifty 50, Rbi policy, Q2 earnings, Crude oil prices, Fii, Market outlook,