By Admin 
Stock Market This Week: The direction of local stock markets next week will depend on global trends, attitude of foreign investors and quarterly results of companies. Experts believe that despite it being a festive week, there will be no dearth of developments in the market. BSE and NSE will organize a special ‘Muhurat Trading’ session on Tuesday, October 21, which will run from 1:45 pm to 2:45 pm. There will be no normal trading on this day, while the stock markets will remain closed on Wednesday on the occasion of Diwali Balipratipada.
How will the market move?
Ajit Mishra, Senior Vice Chief (Research), Religare Broking Limited, says that the short trading week will be full of events and many key factors will come to the fore for investors. Market participants will be the first to react to the quarterly results of big companies like Reliance Industries, HDFC Bank and ICICI Bank, which will decide the direction of the broader market.
He said that the one-hour Diwali special Muhurat trading session on October 21, marking the beginning of Samvat 2082, will be important for emotional signals and festive cheer.
Ajit Mishra further said that the results of the second quarter of the financial year 2025-26 are underway, in which major companies like Colgate, Hindustan Unilever, Dr. Reddy’s Laboratories and SBI Life Insurance will present their results. He said that investors will keep a close eye on the proposed US tariffs on China, as well as crude oil prices and currency fluctuations.
Impact of quarterly results on the market
Foreign portfolio investors (FPIs), who were sellers on a net basis for the last three months, have turned buyers with net investments of Rs 6,480 crore so far in October. This change is being seen due to strong macroeconomic indicators.
Pravesh Gaur, senior technical analyst at Swastika Investmart, says that the upcoming results of Hindustan Unilever and Dr. Reddy’s Laboratories are expected to decide the direction of the corporate earnings session. At the same time, any relief in US-China trade tension can give a positive shape to the market sentiment. Last week, BSE Sensex rose 1,451.37 points or 1.75 percent, while Nifty closed 424.5 points or 1.67 percent higher.
Also read: You can get up to 31% return on these 10 stocks in Diwali, see the complete list
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