1. Result Season continues!
A slew of companies would be coming out with their results. Companies making up almost 26% weightage in Nifty will come out with their quarterly numbers. Prominent names being – Maruti, ITC, Bajaj finance, Titan, Axis Bank, L&T etc. It would definitely be an exciting week for the markets.
2. US Home Prices, Sales
The US will release home prices for August and new home sales data for September. Both home prices and new home sales are projected to rise at a brisk pace. Numbers would come out on Tuesday!
3. US Crude Oil data
Crude oil data for the week ended October 22 will be released on Wednesday. Crude oil inventories rose in the week ending October 15.
4. US GDP, Jobless claims
This data point would be keenly watched by the market participants. The US GDP is projected to rise by about 3 percent sequentially in September quarter. Jobless claims are projected to moderate in the week ending October 23.
5. India Infrastructure Output and Fiscal Deficit
The growth in infrastructure output is projected to moderate in September. In August infrastructure output increased 11.6 percent from the year ago month. Revenue and capital spending for September will also be released on Friday.
6. Primary market offering
Two companies would be launching their public issue – Nykaa and Fino payments Bank.
7. Monetary policy meet across the globe
Central Banks across Japan, Brazil and the European Central Bank (ECB) will decide on the interest rates. Japan left its key short-term interest rates unchanged in last meet whereas Brazil raised its policy rate in September to tame inflation.
This is for educational purpose only!