Indian equity markets are likely to make cautious start on Friday, amid weak global cues. Traders are likely to remain cautious after TCS and Tata Elxsi reported disappointing earnings results. However, some support may come from foreign institutional investors, who were net buyers of shares worth Rs 1,308.16 crore on Thursday.

Some of the key factors to be watched:

India aims to achieve economic growth of $5 trillion by 2027: The Union Minister for Road Transport and Highways, Nitin Gadkari, has reiterated the Government’s goal of achieving a $5 trillion economy by 2027. He also highlighted the national vision of making India a developed nation by 2047.

House Price Index up 3.6% annually in Q1: Reserve Bank of India (RBI) data showed that all-India House Price Index (HPI) based on transaction-level data of 18 major cities increased by 3.6 per cent year-on-year in the first quarter of the current fiscal.

Raksha Mantri holds bilateral meeting with Australian Foreign Minister: Raksha Mantri Rajnath Singh held a bilateral meeting with the Foreign Minister of Australia, Penny Wong, in Canberra on October 9, 2025. Both leaders reaffirmed their commitment to further strengthening the India-Australia Comprehensive Strategic Partnership and enhancing cooperation in defence, security and regional stability.

Textiles stocks will be in focus: Ministry of Textiles has notified major Amendments in Production Linked Incentive (PLI) Scheme for Textiles to boost MMF and Technical textiles sectors. The amendments underscore the Government's focus on fostering employment and driving India’s leadership in the global textile market.

Fertiliser stocks will be in focus: Crisil Ratings report said that volume growth of complex fertilisers is expected to slow down to 2-4 per cent in this financial year from 9 per cent last year amid import constraints, geopolitical headwinds and a high-base effect.

On the global front: The US markets ended in red on Thursday, as investors begun to express concerns about the ongoing U.S. government shutdown, which entered its ninth day with no end in sight. Asian markets are trading mostly in red on Friday, tracking weak cues from Wall Street cues.

Back home, Indian equity benchmarks staged a rebound after yesterday’s dip and ended higher on Thursday following buying in Metal, Basic Materials and IT firms and foreign fund inflows. Foreign Institutional Investors (FIIs) extended their buying streak for the second consecutive session on October 8, purchasing equities worth Rs 81.28 crore, according to exchange data. Finally, the BSE Sensex rose 398.44 points or 0.49% to 82,172.10 and the CNX Nifty was up by 135.65 points or 0.54% to 25,181.80.

Some of the important factors in trade:

India won’t bow to tariff pressure: Agriculture Minister Shivraj Singh Chouhan has said that India will not compromise on its national interest amid a volatile geopolitical situation where trade and tariffs have become weapons, and asserted that the country must further strengthen food security without relying on global markets.

No power on earth can stop India from becoming developed nation by 2047: Expressing optimism over India’s economic growth, Commerce and Industry Minister Piyush Goyal has said no power on earth can stop India from becoming a developed nation by 2047, with the government taking a series of initiatives to promote the domestic economy, build infrastructure and expand international trade.

Telecom stocks in focus: Communications Minister Jyotiraditya Scindia said that India's ambitions extend well beyond 5G, with a target of securing 10 per cent of 6G patents, while satellite communications are poised for exponential growth, with the market set to triple by 2033.