Introduction
The Weekly Market Update October 2nd Week tells the story of how Indian markets demonstrated remarkable resilience despite global turbulence. Investors witnessed a strong rally fueled by hopes of a U.S. Federal Reserve rate cut, optimism over India–U.S. trade negotiations, and a continued flow of domestic capital.
Foreign Institutional Investors (FIIs) finally turned net buyers after weeks of selling, infusing ₹1,308 crore into Indian equities, while Domestic Institutional Investors (DIIs) supported the uptrend with ₹943 crore of inflows. This double-barrel liquidity support powered the market even as Wall Street and European markets stumbled.
Gold prices surged amid global uncertainty, the rupee hovered near its all-time low, and Brent crude oil rose to $54.5 per barrel, reflecting geopolitical tensions. Yet, India remained a standout story, driven by festive demand optimism and a solid macroeconomic foundation.
As captured in this Weekly Market Update October 2nd Week, the theme was clear — global fear met Indian confidence.
Indian Market Overview
In this Weekly Market Update October 2nd Week, Indian indices closed the week higher, defying global weakness.
| Index | Last | Change | % Change |
|---|---|---|---|
| NIFTY 50 | 25,304.85 | +405.95 | 1.63% |
| SENSEX | 82,471.24 | +1,068.66 | 1.31% |
| Nifty Bank | 56,622.95 | +840.05 | 1.51% |
| Nifty IT | 35,576.65 | +1,534.35 | 4.51% |
| S&P BSE SmallCap | 53,372.68 | -22.84 | 0.04% |
The Nifty 50 and Sensex ended the week higher, marking their 2nd consecutive week of gains. Tech and banking stocks were the major drivers, while small caps showed signs of consolidation.
India VIX dropped by 1.85%, signaling lower volatility expectations. A major global rating agency also upgraded India’s FY26 GDP forecast to 6.9%, reinforcing the optimism highlighted in this Weekly Market Update October 2nd Week.
Sectoral Performance
Sector performance during the Weekly Market Update October 2nd Week painted a mixed yet encouraging picture.
| Best Performing Sectors | Weekly Change (%) |
|---|---|
| Telecommunications Equipment | 5.72% |
| Software & Services | 4.46% |
| Telecom Services | 4.29% |
| Healthcare | 3.56% |
| Others | 3.38% |
| Worst Performing Sectors | Weekly Change (%) |
|---|---|
| Media | -2.22% |
| Diversified | -1.23% |
| Fertilizers | -0.81% |
| Commercial Services & Supplies | -0.64% |
| Hotels, Restaurants & Tourism | -0.30% |
Technology and telecom led the market on upbeat corporate guidance and easing U.S. regulatory fears. Healthcare also witnessed buying interest amid defensive positioning.
On the flip side, Media and Fertilizers sectors struggled under global demand headwinds and ad-spend cuts. Overall, the Weekly Market Update October 2nd Week reflects a risk-on rotation toward growth and innovation-driven sectors.
Industry-Wise Performance
The Weekly Market Update October 2nd Week revealed some fascinating trends at the industry level — with telecom and capital markets emerging as bright spots.
| Top Performing Industries | Weekly Change (%) |
|---|---|
| Photographic Products | 34.54% |
| Capital Markets | 8.40% |
| Telecom Equipment | 7.33% |
| Other Telecom Services | 5.83% |
| Internet & Catalogue Retail | 4.84% |
| Worst Performing Industries | Weekly Change (%) |
|---|---|
| Distributors | -7.18% |
| Diversified | -4.97% |
| Computer Hardware | -4.52% |
| Special Consumer Services | -3.41% |
| Restaurants | -3.40% |
The stellar rally in capital market stocks was supported by healthy trading volumes and new fund launches, while telecom equipment gained from network expansion plans.
Conversely, hardware and retail segments saw profit booking after a sharp rise in September.
Weekly Top Gainers & Losers (Stocks)
| Top Gainers | Week Chg (%) | LTP (₹) | Highlights |
|---|---|---|---|
| Tata Communications | 15.89% | 1,870.2 | Strong results, high volume rally |
| PG Electroplast | 13.96% | 585.95 | Solid earnings and order book visibility |
| BSE | 13.93% | 2,385.0 | Exchange business momentum |
| FSN E-Commerce (Nykaa) | 10.58% | 265.19 | 52-week high, festive optimism |
| Divi’s Laboratories | 10.37% | 6,474.5 | Regulatory approvals boost sentiment |
| Top Losers | Week Chg (%) | LTP (₹) | Highlights |
|---|---|---|---|
| Ola Electric | -7.95% | 49.7 | Weak delivery data |
| Aegis Logistics | -7.79% | 812.5 | Profit booking pressure |
| UNO Minda | -7.31% | 1,219.8 | Sector rotation |
| Godrej Industries | -7.10% | 1,078.9 | Weak Q2 earnings outlook |
| Tata Investment | -7.07% | 9,295.0 | Stock split effect |
This Weekly Market Update October 2nd Week highlights that the rally was broad-based but selective — tech, telecom, and exchange stocks dominated while autos and logistics saw pullbacks.
Global Market Overview
Globally, the mood was bearish. The U.S. markets tumbled after President Trump’s 100% tariff escalation on China, dampening investor sentiment across Asia and Europe. The selloff spread globally, weighing on risk assets.
| Global Index | Last | Change | % Change |
|---|---|---|---|
| Dow 30 | 45,479.60 | -878.82 | -1.90% |
| S&P 500 | 6,552.51 | -182.60 | -2.71% |
| Nasdaq Composite | 22,204.40 | -820.20 | -3.56% |
| FTSE 100 | 9,427.47 | -81.93 | -0.86% |
| CAC 40 | 7,918.00 | -123.36 | -1.53% |
| DAX | 24,241.50 | -369.79 | -1.50% |
| Nikkei 225 | 48,088.80 | -491.64 | -1.01% |
| Hang Seng | 26,290.30 | -462.27 | -1.73% |
| Shanghai Composite | 3,897.03 | -36.94 | -0.94% |
The Weekly Market Update October 2nd Week shows that while global equities corrected sharply, India stood resilient — supported by strong domestic liquidity and steady macroeconomic indicators.
Upcoming Events Next Week
The upcoming data calendar will be closely watched as investors anticipate inflation, trade, and lending growth updates. These metrics are expected to shape RBI’s tone for the next policy meet.
| Date | Event | Actual / Forecast / Prior |
|---|---|---|
| Oct 13 | Inflation Rate YoY (Sep) | 2.07% / 1.9% / 1.7% |
| Oct 14 | WPI Inflation YoY (Sep) | 0.52% / 0.7% / 0.5% |
| Oct 15 | Unemployment Rate (Sep) | 5.1% / 5.2% |
| Oct 15 | Trade Balance (Sep) | -$26.49B |
| Oct 17 | Bank Loan Growth YoY | 10.4% |
| Oct 17 | Forex Reserves | $699.96B |
Inflation and WPI readings will be particularly crucial as markets evaluate whether the RBI’s dovish stance can continue. The Weekly Market Update October 2nd Week suggests that if inflation stays contained, India may extend its outperformance into late October.
Conclusion & Outlook
To sum up, the Weekly Market Update October 2nd Week reinforces India’s unique position amid global volatility.
Robust domestic demand, improving liquidity, and solid FII participation cushioned the markets against global weakness.
As we move into mid-October, investors will closely watch inflation data, global rate trends, and festive season sales momentum.
The tone remains optimistic — India continues to shine as a relative outperformer in a world of uncertainty, with a “buy-the-dip” sentiment prevailing.
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