Week Ahead: Q2 Results, PMI data, auto sales, US Fed Policy, global cues among key market triggers this week

Stepping into the new month, investors will eye a host of stock market triggers in November’s first week including the ongoing second quarter results of current fiscal (Q2FY24), domestic and global macroeconomic data, foreign capital inflow, and key decisions from global central banks. Domestic equity benchmarks Nifty 50 and Sensex plunged sharply lower in the past week and lost more than 2.5 per cent, the steepest such drop since the week ended September 22, mostly weighed by week global cues. The blue-chips bounced back by 1 per cent, in the final session on Friday, October 27, snapping a six-day losing…