Macro data, movement of rupee against the dollar, Brent crude oil price movement and investments by foreign portfolio investors (FPI) and domestic institutional investors (DII) will be watched. Stock market will remain closed on Friday, 2 October 2020 on account of Gandhi Jayanti.

Global cues will continue to be in focus as a resurgence in virus cases around the world, leads to more restrictions and more pressure on economic recovery. Updates related to COVID-19 will be closely watched. Also on the radar will be news on Covid vaccine development. From here on the pace of the improvement of economic indicators along with outcomes of a possible vaccine or cure for COVID-19 would determine the movement of the market.

Total COVID-19 confirmed cases worldwide stood at 3,39,76,447 with 10,14,266 deaths. India reported 9,40,705 active cases of COVID-19 infection and 98,678 deaths while 52,73,201 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of India.

Volatility may remain high. US President Donald Trump and Joe Biden, the Democratic nominee, wrapped up their first presidential debate on 29 September with heated exchanges. Two more debates between the presidential candidates are scheduled to take place on 15 October and 22 October 2020. The US Presidential election is scheduled on Tuesday, 3 November 2020.

Among key result, Tata Consultancy Services will declare its July - September quarterly result on 7 October 2020.

On the macro front, Markit Services PMI for September will be declared on 6 October 2020.

Overseas, China will announce the Caixin Composite PMI and Caixin Services PMI for September on 9 October 2020.

The US Non Farm Payrolls data for September will be announced on 2 October 2020.

The US Markit Composite PMI and Markit Services PMI for September will be declared on 5 October 2020.

The Euro Area Markit Composite PMI and Markit Services PMI for September will be declared on 5 October 2020.