Indian equity markets staged a notable rebound last week, recovering nearly 1% after the Nifty50 fell over 2% in the previous week. The recovery came amid improved investor sentiment following the Reserve Bank of India’s Monetary Policy Committee (MPC) decision to maintain key policy rates.
The RBI kept the repo rate unchanged at 5.5% for the second consecutive meeting, signalling a continued focus on balancing growth and inflation. The neutral stance reassured investors, lifting banking and large-cap stocks, and reviving market confidence.
Volatility Ahead: Key Dates to Watch
Market strategist Harshubh Shah highlighted that October 6, 7, and 9 are likely to be high-volatility sessions, with significant price movements expected. Traders are advised to stay alert during these time clusters as they could present both short-term opportunities and risks.
Time clusters for major activity:
- Monday, Oct 6: 9:20 am–11 am, 12:10 pm
- Tuesday, Oct 7: 9:20 am–11:45 am, 12:20 pm, 1:15 pm
- Thursday, Oct 9: 10:15 am–11:10 am, 12:40 pm, 2:05 pm
Nifty Spot Levels
- Resistance: 24,978 / 25,001 / 25,035 / 25,082 / 25,145 / 25,322 / 25,434
- Support: 24,850 / 24,805 / 24,688 / 24,647 / 24,538 / 24,458 / 24,382 / 24,142
Market Outlook
Analysts expect short-term volatility as traders react to early Q2FY26 earnings, but the broader structure remains positive as long as Nifty holds above 24,600.
With global cues stable and domestic earnings season taking center stage, the overall tone remains constructively bullish, though sharp intraday moves are likely around the identified time clusters.
Originally published on 24×7-news.com.
