News Overview

The colour of the RBI policy in October will be shaped by the Fed policy decisions and geopolitical risks in West Asia

Here are some of the stocks that may see significant price movement today: Titan Company, HDFC Bank, IndusInd Bank, etc.

Asian stock markets were trading positively after US labor data alleviated recession concerns and led to a significant reduction in expectations for interest rate cuts.

The week saw the CME Fedwatch gravitating towards the Fed view as jobs data was stronger than expected

Nifty and Sensex fell sharply in the week largely o account of the rising geopolitical risk in West Asia

FPIs took out $(3.12) Billion from Indian equities in the first week of October as geopolitical risks mounted

Crude oil prices spiked in the week on geopolitical uncertainty, while the rupee weakened beyond ₹84/$

Small cap index gave negative returns in September, but the pressure at higher levels is quite apparent

Unemployment tapered further to 4.1%, indicating that July data may have been a flash in the pan

The big triggers next week will be RBI policy and FOMC minutes, but the real story will be in West Asia