Week Gone By - Friday 23 Oct 2026: Global Headwinds Trigger Broad-Based Market Sell-Off

Tikona Capital • 8 days ago

Original source

What This Video Is About

The video discusses the weekly market review, highlighting the key factors affecting the market, including rising global inflation concerns and uncertainty around monetary policy. It also introduces the Tikona research app, designed to make equity research more interactive and accessible.

Major Ideas Discussed

  • The Indian markets ended the week sharply lower, with the Sensex declining 2.1% and the Nifty50 falling, due to rising global inflation concerns and uncertainty around monetary policy.
  • The Tikona research app was introduced, featuring interactive research reports, AI-generated video summaries, and podcast-style audio insights.
  • Domestic inflationary pressures continued to build, with wholesale inflation rising to 11.39% and retail inflation increasing to 5.54%.
  • Economic activity remained resilient, with infrastructure output growth strengthening to 7.9% and the HSBC/composite PMI improving to 56.7.
  • Global economic signals were mixed, with China's GDP growth reaching 4.5% and industrial production growing, but property investment declining 20.6%.
  • The US housing market showed signs of slowing, with housing starts falling 5.2% month-on-month.
  • Top gainers and losers were discussed, including International Gemological Institute, Tata Teleservices Maharashtra, and Wipro as top gainers, and Himadri Speciality Chemical, Swiggy, and Jindel as top losers.
  • The unlisted market was also discussed, with MTN Rentals reporting strong FY26 growth, but slow collections and negative free cash flow remaining key risks.

What to Watch Next

  • Markets will closely track Federal Reserve policy deliberations on October 28th and US growth and inflation data on October 29th.
  • China's manufacturing PMI and Japan's monetary policy decision will also be in focus.
  • Domestically, investors will monitor money supply, fiscal deficit, and foreign exchange reserves alongside the ongoing Q2 earnings season.