Trade Setup for October 8: Top 15 things to know before the opening bell

Investors should prepare for a potentially volatile session on October 8 as global markets face a mix of economic data and corporate earnings reports. Key focus will be on US inflation figures and manufacturing activity, which could influence the Reserve Bank of India's policy stance. Additionally, domestic cues such as auto sales and monsoon updates will be closely watched for their impact on the broader market sentiment.
For traders, the opening bell will likely be defined by reactions to these global and domestic triggers. Sector-specific movements are expected, with heavyweights potentially driving the index. Investors should keep an eye on liquidity conditions and foreign portfolio flows, as these factors often dictate intraday trends. A cautious approach is advisable given the uncertainty surrounding the upcoming data releases.
Excerpt from Moneycontrol.com
Nifty needs to post decisive breakout above 22,800 for further upside towards 23,000 Until then, consolidation may continue, with immediate support in the 22,500–22,400 22,200 likely to be crucial support level in your portfolio by Vishal Malkan The Nifty 50 snapped its two-day winning streak and declined 0.76 percent…Read the original at Moneycontrol.com
Key takeaways
- Category: Stocks.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.












