As markets gear up for the final stretch of September and enter October, several key domestic and global triggers are lined up that could shape market sentiment. From crucial macroeconomic data releases to corporate actions, IPO listings, and global earnings, investors are in for an eventful week.
India:
On the domestic front, September 29 will bring the release of industrial production data alongside the beginning of the three-day MPC policy meeting. September 30 is expected to be crucial with the monthly Nifty expiry and fiscal deficit data. October 1 is packed with events including auto sales figures, MPC policy outcome, weekly Sensex expiry, and the manufacturing PMI. With October 2 marking Gandhi Jayanti and Dussehra holiday, markets will remain shut. On October 3, forex reserves data will be released, keeping currency market watchers alert.
Global Cues:
From the U.S., October 1 will see the release of ISM manufacturing, S&P Global manufacturing PMI, and auto sales. The U.K. is scheduled to announce its GDP data on September 30, followed by S&P Global manufacturing PMI on October 1, initial jobless claims on
October 2, and nonfarm payrolls, unemployment, and ISM services data on
October 3.The Eurozone will report consumer confidence on September 29, CPI and HCOB manufacturing PMI on October 1, unemployment data on October 2, and PPI and HCOB services PMI on October 3.
China’s official manufacturing and non-manufacturing PMI are due on September 30, while its Golden Week holiday begins October 1 through October 8, with markets closed on October 2 and 3. Japan will release industrial production and retail sales data on September 30, followed by S&P Global manufacturing PMI and Tankan survey on October 1. On October 3, unemployment data and S&P Global services PMI will be closely watched.
Global Earnings:
On the earnings front, Jefferies will report on September 29, Nike on September 30, and Tesco on October 2, providing cues for global consumer and retail sentiment.
Corporate Action:
On October 3, Shilpa Medicare will trade ex-bonus in the ratio of 1:1, while Glenmark Pharma will trade ex-dividend.
AGMs:
Key annual general meetings are lined up this week.
September 27 will see AGMs of India Cements, Patanjali Foods, NLC India, and Shaily Engineering.
September 29 will feature meetings of Finolex Cables, Sudarshan Chemicals, Kajaria Ceramics, BEML, Som Distilleries, Cochin Shipyard, Phoenix Mills, National Fertilizer, PNC Infra, Parag Milks, NSDL, Apex Frozen, ACME Solar, Easy Trip Planners, and Vishal Mega Mart.
September 30, Gulf Oil, Yatharth Hospital, Azad Engineering, MOIL, and Mishra Dhatu Nigam will hold their AGMs.
IPO Watch:
The IPO market remains active with several listings and closures.
On September 29, Ganesh Consumer IPO and Atlanta Electricals IPO will list. Fabtech Tech IPO and Om Freight Forwarders IPO will open, while Jinkushal Industries IPO and TruAlt Bioenergy IPO will close
September 30 will see the listing of Seshasai Technologies IPO, Jaro Institute IPO, Anand Rathi Share IPO, and Solarworld Energy Solutions IPO, alongside the opening of Advance AgroLife IPO. Pac Digitek IPO will also close on this date.
October 1 is packed with listings of Jain Resource Recycling IPO, Epack Prefab IPO, and BMW Ventures IPO. Fabtech Technologies IPO will close on the same day.
On October 3, TruAlt Bioenergy IPO and Jinkushal Industries IPO are scheduled to list, while Om Freight Forwarders IPO and Advance AgroLife IPO will close.
Lock-In Periods Ending:
October 1 will see lock-in period endings for Jain Resource Recycling IPO, Epack Prefab IPO, BMW Ventures IPO, Glottis IPO, and Fabtech Technologies IPO. On October 3, TruAlt Bioenergy IPO, Jinkushal Industries IPO, Om Freight Forwarders IPO, and Advance AgroLife IPO will see their lock-in periods end.
Conclusion:
The week ahead is loaded with domestic and international macroeconomic releases, central bank updates, corporate actions, and IPO activities. With China’s markets closed for Golden Week and multiple data releases from the U.S., U.K., Eurozone, and Japan, global cues will play a significant role in driving market momentum. Back home, MPC policy outcome, auto sales data, and corporate actions will keep traders and investors on edge.
Disclaimer:
The information provided in this article is for informational and educational purposes only. It should not be considered as investment advice or a recommendation to buy, sell, or hold any security. Market events, earnings announcements, and corporate actions mentioned are based on publicly available data and schedules, which may be subject to change. Readers are advised to conduct their own research or consult with a certified financial advisor before making any investment decisions.
