Market This Week: Q2 Results, Global Cues, Rupee, and Other Factors to Watch Out For

The market lost around half a per cent in the week ended October 7 amid volatile but rangebound trade, as fears of a recession in the developed countries, mixed corporate earnings and weak economic data at home affected sentiment. The Sensex fell 271 points to 57,920, and the Nifty slipped 129 points to 17,186 in the week. The broader market took a bigger hit. The Nifty Midcap 100 index declined 2.8 per cent and the smallcap 100 index was down 1.7 per cent. This week is going to be crucial for the stock market as it will be heavily loaded…