Business in the Week Ahead (October 12 – 16, 2026)

Indian equity markets endured a volatile week, with persistent selling pressure pushing benchmark indices towards fresh lows. The benchmark index fell sharply on Thursday, slipping below the crucial 22,500 mark but on Friday, markets staged a rebound, recovering some losses as oil prices eased and buying interest returned.

However, as the Reserve Bank of India had announced a rate revision of 25 basis points and adopted a calibrated tightening stance, it has revived concerns of inflation and borrowing costs. Rising crude oil prices, elevated US bond yields and continued foreign investor outflows further weakened sentiment.

The market benchmark remains on course for a ninth consecutive weekly decline, with analysts expecting volatility and caution to persist. “Overall market sentiment remains cautiously optimistic for a recovery at the opening, although persistent FII outflows and elevated volatility continue to weigh on buying conviction,” said Hitesh Tailor, Technical Research Analyst at Choice Broking.

In IPO news, the IPO of HD Fire Protect Ltd will open for subscription on October 13 and close on October 15, 2026. The price band has been fixed at ₹258 to ₹271 per share, with a lot size of 55 shares.

Here are some important indicators that market participants should keep an eye out for.

Monday (October 12)

Earnings: HCL Tech, RBL Bank

India Inflation Rate: The headline inflation rate in India rose to 4.82% in August, from 4.45% in the previous month and aligned with market expectations of 4.8%. The September data will be shared.

Tuesday (October 13)

Earnings: ICICI Prudential Life Insurance

IPO: HD Fire Protect Ltd

Wednesday (October 14)

Earnings: BHEL, Ceat, ICICI Lombard, Tata Tech

India Wholesale Prices YoY: India’s wholesale prices increased 9.92% yoy in August, accelerating slightly from a 9.78% rise in July and surpassing expectations of 9.89%. September figures will be declared.

US Inflation Rate: The annual inflation rate in the US steadied at 3.4% in August, the same as in July and in line with forecasts. The September data will be announced.

Thursday (October 15)

Earnings: Cyient, HDFC AMC, HDFC Life, L&T Finance, Karur Vysya, Nestle, Polycab, Tech Mahindra, Wipro

UK Monthly GDP YoY: The UK economy expanded 1.6% year-on-year in July, picking up from a 1.1% growth in June and beating expectations of a 1.2% expansion. The August GDP figures will be announced.

US Initial Jobless Claims: The number of Americans filing for unemployment benefits fell by 1,000 to 197,000 in the week ended September 26, below expectations of 200,000, according to the US Department of Labor. Numbers for week ending October 3 will be shared.

UK Industrial Production: Industrial Production in the United Kingdom increased 0.60 percent in July over the same month in the previous year. Data for August will be revealed.

UK Manufacturing Production: Manufacturing production in the UK increased by 2.6% year-on-year in July, above forecasts of 2% and accelerating from a 0.5% gain in the preceding period. The figures for August will be declared.

Friday (October 16)

Earnings: Bajaj Housing, CG Consumer, Federal Bank

Euro Area Inflation Rate: Eurozone annual inflation accelerated to 3.8% in September, up from 3.2% in August and above market expectations of 3.6%, according to preliminary estimates. The final data for September will be announced.

India Foreign Exchange Reserves: Foreign Exchange Reserves in India decreased to $747.56 billion in September 25 from 765.9 billion in the previous week. Numbers for week ending October 2 will be shared.

US Industrial Production: Industrial Production in the United States increased 1.40 percent in August over the same month in the previous year. Data for September will be announced.

US Manufacturing Production: Manufacturing Production in the United States increased 0.9% year-on-year in August 2026, following a 1.2% rise in July. Data for September will be declared.

Saturday (October 17)

Earnings: Axis Bank, HDFC Bank, ICICI Bank, India Cements, Yes Bank