Q2 earnings, PMI data, Oct auto sales to hold investor attention this week

Major companies reporting their earnings this week include Lupin, Tata Steel and Union Bank of India

Quarterly earnings, macroeconomic data points and recapitalisation play are going to be the crucial metrics to track for the stock market this week, say experts.
 

"In the near term, stock-specific actions will be witnessed due to ongoing Q2 results. Going ahead, market will closely watch details of bank recapitalisation programme. Fed interest rate decision is the key event to be watchful (of)," said Vinod Nair, Head of Research at Geojit Financial Services.
 

PMI data for manufacturing and services sectors are due this week.
 

"Markets have moved up strongly in October aided by positive global cues, bank recapitalisation and liquidity support.