This week, equities are likely to trade with a positive bias as the Q2FY26 earnings season gathers momentum, aided by a dovish monetary backdrop, easing crude prices, resilient festive demand and foreign institutional investors (FIIs) turning buyers over the last few sessions.
Earnings season began on October 9 with TCS declaring its results. Next week, several technology and financial companies are scheduled to announce theirs, with business updates from the financial space so far being positive.
On the global front, investors have digested the US Federal Reserve’s minutes and now await the US CPI, PPI, and unemployment data for further clarity on policy direction.
In the previous week, Nifty50 ended higher amid improving global sentiment, supported by easing geopolitical tensions as I