By Admin 
Stock market outlook: The next week is going to be important for the stock market as many important factors such as the results of the second quarter, stopping the functioning of the US government and the release of FOMC minutes will affect the perception of investors and the direction of the market.
Quarterly results will be announced
From the next business week starting on Monday, companies will announce their results of the July-September quarter. During this period, on October 9, the country’s largest IT service provider Tata Consultancy Services (TCS) and Tata Alexi are also going to declare their second quarter results. The quarterly results of these high-profile companies will help in deciding the market’s stand. This is expected to create a stir in different sectors and segments.
IPO market will be stirred
Meanwhile, the primary market will also be stirred as the IPO of Tata Capital is going to be launched next. Apart from this, investors will also keep an eye on the IPO of LG Electronics, who can play an important role in shaping the market notion.
Many things will be in focus on the global front
At the global level, investors are keeping an eye on the ongoing shutdown in the US. Health insurance subsidies between Republican and Democrats have been stunned. This is affecting work. Millions of employees have become unemployed. On one hand, Democrats are calling the subsidy of the affordable care act necessary.
On the other hand, Republican is calling it a case related to immigration. President Trump has accused Democrats of taking the public hostage. In addition, the US Federal Open Market Committee (FOMC) will release the minutes of its 16-17 September meeting. These information will be told about the interest rates and the stance of the fed on the monetary policy.
Also read:
Now the shadow of AI on the stock market, the impact will be seen in the next 1-2 years; Goldman Sachs warns