Stock Market Weekly Forecast: Sensex, Nifty May Rally Further; Q2 Results, CPI Data, US-China Tariffs in Focus

Indian equity markets are poised for another eventful week from October 13 to 17, 2025, as investors brace for key economic data releases, earnings announcements and global cues.

After a strong performance last week, the Sensex and Nifty are expected to maintain their upward momentum, with analysts projecting higher levels in the near term.

Stock Market Weekly Forecast From 13 To 17 October 2025: Positive Bias with Earnings in Focus

According to Bajaj Broking Research, Indian equity benchmarks extended their uptrend for the second straight session on October 10, with the Nifty crossing the 25,300 mark intraday, its highest level since September 19. After a muted start, markets maintained a positive bias throughout the session, enabling the Nifty to reclaim the 25,300 level, driven by broad-based buying across sectors except metals.

“At close, the Sensex was up 328.72 points or 0.40% at 82,500.82, and the Nifty was up 103.55 points or 0.41% at 25,285.35,” the brokerage said in its weekly update.

Sensex, Nifty Prediction This Week

“On a weekly basis, both the BSE Sensex and Nifty posted gains of 1.5% each. The broader markets moved in tandem with the benchmarks, as the Midcap index advanced 0.46%, while the Small-cap index added 0.74%.”

Most sectoral indices ended in the green. Realty, healthcare, PSU banks, pharma, and consumer durables outperformed, each gaining over 1.5%. Meanwhile, FMCG, auto, and banking sectors also rose between 0.4% and 0.8%, while the metal index was the only laggard.

“Nifty on the weekly chart has formed a sizable bull candle with a higher high and higher low, signaling continuation of the up move. The index closed above the short-term moving average and has retraced more than 80% of its previous decline (25448-24588).”

Looking ahead, the brokerage expects the Nifty to maintain a positive bias and move higher towards 25,450, which aligns with the high of September 2025 and the trendline resistance connecting major highs from September 2024 and June 2025. A breakout above 25,450 could push the index further towards 25,670, the high recorded in June this year.

“We believe dips in the coming week should be used as buying opportunities. The revised support base now stands higher, in the 25,000-24,900 zone, which includes last week’s low and the 20 & 50-day EMA.”

Key Triggers To Drive Market Market Sentiment This Week

Q2 Results FY2026 Season

The week marks a crucial phase in the Q2 earnings season, with over 200 companies scheduled to announce their financial results. Market sentiment is likely to be driven by performance of key sectoral heavyweights including Reliance Industries, Infosys, HCL Technologies, Axis Bank, ICICI Bank & Others. Stock-specific action will likely dominate the market as investors respond to quarterly performance metrics.

CPI & WPI Inflation Data

Traders will also keep a close watch on macroeconomic indicators. The government will release retail inflation (CPI) data for September on October 13, followed by the wholesale inflation (WPI) report on October 14. Analysts expect these data points to influence the Reserve Bank of India’s monetary policy stance, especially if inflation shows signs of easing.

Foreign Investment Trends

After several weeks of continuous foreign investor selling, there has been a noticeable turnaround. According to NSDL data, foreign portfolio investors (FPIs) turned net buyers this week, recording inflows worth Rs 1,751 crore between October 6 and October 10.

US-China Tariff Tensions

On the global front, rising trade tensions between the US and China may introduce volatility. The US administration imposed a second tranche of tariffs on Chinese goods, increasing total duties to 130%, which will take effect on November 1, 2025, as confirmed by President Donald Trump. These developments could impact global risk appetite, including in emerging markets like India.

Gold, Silver Prices: Commodities Outlook

In the commodities space, gold fell below $4,000 per ounce and silver declined after hitting multi-decade highs earlier in the week. The fall is attributed to profit-taking and weak US equities, highlighting the volatility in safe-haven assets.

 

 

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