Mumbai, October 12 (IANS). Next week it will be very important for the Indian stock market. The results of the second quarter, inflation data and Trump rates will determine the market movement. From next week, the results of the second quarter (July-September) of FY26 will be released by many large companies, these companies contain the names of Infosys, HCl Technologies, Wipro, Tech Mahindra and Ltimindree as well as the banking sector giant Axis Bank, ICICI Bank and HDFC Bank. Retail inflation and wholesale inflation data are released by the government respectively. Inflation data reflects the general situation of the market and has a direct impact on the stock market. In August, the retail inflation rate was 2.07 percent and the wholesale inflation rate was 0.52 percent. US President Donald Trump has announced a 100 percent tariff on imports from China, which increased the tariff on Chinese imports in the US from the current 30 percent to 130 percent. It will come into effect from 1 November. In such a situation, investors will watch the tariff in the coming time and this could affect the stock market. Last week was very good for the Indian stock market. During this period, Nifty increased by 1.57 percent or 391.10 points to close at 25,285,35 and Sensex rose 1.59 percent or 1,293,65 points to close at 82,500,82. On a sectoral basis, between October 6-10, it produced the highest yield of 4.89 percent. Nifty PSU Bank closed 1.48 percent higher, Nifty Financial Services 1.57 percent higher, Nifty Pharma 2.12 percent higher, Nifty Realty 2.35 percent higher, Nifty Private Bank 2.22 percent higher, Nifty Services 2.27 percent higher and Nifty Healthcare 3,19 percent. Nifty Media closed by 2.69 percent, Nifty India defense by 0.46 percent and Nifty FMCG by 0.37 percent. Together with larvae, middle caps and KleinCaps had a strong performance. The Nifty Midcap 100 index closed 2.08 percent higher and the Nifty Smallcap 100 index closed 1.43 percent higher. -—IANS ABS/ Share This Story Tags
Market prospects: The stock market movement next week will depend on quarterly results, inflation data and Trump rates
