What are the major triggers you see for the week in the coming week starting on 26th September 2021?

Here are some of the key triggers to watch out for in the coming week.

· With the Sensex crossing 60,000 on the back of the positive cues from the Fed statement, the focus will now shift to the Nifty breaching the 18,000 marks in the coming week. The Powell speech and that of other FOMC governors will be watched.

· Media and realty stocks to be in the limelight this week. After the Zee-Sony merger deal, markets are likely to play on the consolidation theme. The realty sector will be positively impacted by new highs on the realty index and also the record sales in a day by Godrej Properties.

· Positive macro cues coming from advance tax data and from COVID numbers. Advance tax hints at another quarter of solid corporate results. The 85 crore inoculations and average 1 crore daily accretions have surely given comfort to the markets.

· Core sector or Infrastructure data announcement on Friday will be monitored for the traction beyond pre-COVID levels. Markets will also await cues on high-frequency PMI manufacturing numbers and the auto numbers in the light of chip shortage.

· Interest week for IPOs. Aditya Birla AMC IPO opens on 29-Sep in the price band of Rs.695-712 and a good response is expected due to its brand, leadership, and competitive pricing. Paras listing on Friday and GMP trends (already 127%) will be in focus this week.

· Apart from realty and media stocks, multiplex stocks are also likely to be in focus as Maharashtra allows multiplexes to open from October. This will help the sector recoup some of the losses of the last 18 months of a shutdown, positive for PVR and INOX.

· US data point focus on FOMC speak durable orders, house price index, YOY Redbook, crude inventories, corporate profits. Focus also on ECB Lagarde speak, EU retail sales and PPI, UK GDP; Japan BOJ minutes, core inflation, IIP; China PMI.