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Below the Quote on Weekly market by Mr. Jyoti Prakash, Managing Partner, Equity and PMS, AlphaaMoney 

Indian equities rebounded in a holiday-shortened week, with the Large-cap Index up 1.1% and small and mid-caps outperforming by 90 bps. IPO activity is set for a record October, while FII long positions dropped to 6% at the start of the new F&O series. India’s 10-year bond yield stayed flat at 6.52% after inching to 6.56% midweek after the H2 FY26 borrowing calendar, which shifted 5% of long-bond supply to shorter tenures. The RBI held repo rates unchanged during the October 1 policy, though it rolled out growth-friendly regulatory measures.

Monsoon rains were 15% above average in September, lifting the June–September surplus to 8%. However, October rains may exceed 115% of the long-term average, potentially hurting crops. The INR closed near record lows despite crude oil’s 8.1% drop and a weaker dollar index, with jewellery importers driving demand.Crude fell as OPEC+ flagged output increases amid concerns of oversupply and easing geopolitical risks in Gaza. Precious metals gained: gold rose 2.2% with limited downside moves, silver advanced 2.9%, and copper hit highs last seen in May 2024.

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