The market rebounded nearly 1 percent in the truncated week ended October 3, especially after sharp fall of 2.7 percent seen in previous week, raising some hope for further recovery. This was a relief rally after the RBI Policy, wherein the central bank raised FY26 economic growth forecast to 6.8 percent along with reforms for banking sector. Hope for further rate cuts by US Federal Reserve, auto sales numbers, and sharp fall in oil prices also lifted sentiment, while the gold futures continued to see strong demand, hitting record high of $3,923.3 per troy ounce during the last week.
In the coming week starting from October 6, the market is expected to be positive with focus on corporate earnings and management's commentary about second half of FY26, IPO market, FOMC minutes, Powell speec