Overview
- Trading will hinge on the final HSBC manufacturing, services and composite PMI readings, alongside S&P Global surveys for India and major economies.
- Earnings updates are due from index heavyweights including Bharti Airtel, Titan, Adani Enterprises, Adani Ports, InterGlobe Aviation, Mahindra & Mahindra, State Bank of India, Lupin, Bajaj Auto and Hindalco.
- Foreign institutional investors recorded a net inflow of about Rs 14,610 crore in October after three months of withdrawals, and their activity will be closely tracked.
- Indian stock exchanges will be shut on Wednesday for the Guru Nanak Gurpurab holiday, reducing trading days and potentially amplifying moves around data releases.
- Moves in the rupee against the dollar, global trade developments and mixed early earnings signals will guide sector rotation after last week’s modest declines in the Sensex and Nifty.