Equity Markets Gear Up for TCS Earnings Amid Global and Macroeconomic Influences

This week, the equity market's trading sentiment will be influenced by macroeconomic data, global trends, and TCS's quarterly earnings. Analysts will also keep an eye on foreign investor activity, IPOs, and the rupee's movement. Significant attention is on key US data amid the government shutdown affecting economic releases.

This week, the equity market is anticipating pivotal developments as macroeconomic data releases, global trends, and TCS's quarterly earnings shape sentiment. Analysts suggest tracking foreign investors closely, given their recent selling streak, withdrawing Rs 23,885 crore in September alone.

Amidst these shifts, markets will also focus on upcoming primary market activities, notably IPOs from Tata Capital and LG Electronics. Globally, all eyes are on key US macroeconomic updates, which have been delayed due to the government shutdown, posing potential impacts on market dynamics.

With the rupee hitting new lows against the dollar, investors are particularly interested in macroeconomic stability, especially with Q2 earnings and management commentary, such as those from TCS leading the charge. These updates come during a period impacted by layoffs, increased visa fees, and Trump's proposed outsourcing tax hike.

(With inputs from agencies.)