A weekly wrap-up of currency markets. Check out the podcast on currency by Dilip Parmar.

The strong non-farm payroll report for September led to a sell-off in US markets anticipating hawkish rate moves from the US Fed.

The first batch of Q2 Indian corporate results will also start from the coming week and provide triggers for stock specific action.

17,026-17,497 could be the range for the Nifty in the coming week.

Indian markets could open lower, in line with negative Asian markets today and sharply lower US markets on Friday.

Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.

After showing weakness from the hurdles of 17,400 levels in the last session, Nifty slipped into weakness amidst range movement so far today. Immediate support is placed around 17,180-17,150 levels.

U.S. stocks closed lower on Thursday after another volatile session as traders reacted to data showing a sharper-than-expected rise in unemployment claims

Nifty needs to stay above 17,287 for the next few days to validate bullish chart patterns. On upmoves it could face resistance at the 17,484-17,497 band while 17,287 could offer support.

Indian markets could open flat, in line with mixed Asian markets today and despite mildly negative US markets on Thursday.

The upside momentum continued in the market so far today amidst volatility. Immediate support is placed at 17,350-17,300 levels.

Both the Dow and S&P 500 had notched their strongest advance in the first two days of any quarter since the second quarter of 1938.

Oil futures ended Wednesday at their highest price in three weeks after OPEC+ agreed to reduce output by 2 million barrels a day and U.S. data revealed a second straight weekly decline in crude supplies.

Nifty smartly broke out upwards after sideways consolidation. It will now face resistance in the 17,291-17,484 band while 17,176-17,196 band will offer support in the near term.

Indian markets could open higher, in line with mostly positive Asian markets today and gains made in US markets on Tuesday.

Nifty witnessed sharp up move as of today after a weakness of previous session. Currently facing resistance around 17,200-17,300 levels.

Wall Street's three major indexes rallied to close over 2% on Monday as U.S. Treasury yields tumbled.

Nifty continued its downmove on Oct 03rd after a one day reprieve on Friday. At close, Nifty was down 1.21% or 207 points at 16,887.4.

Nifty now has support on the downside at 16,747. On upmoves, 17,114 and later 17,291 could offer resistance.

After showing sharp up move on Friday, the market shifted into a consolidation with weak bias. Immediate support is placed at 16,900-16,950 levels.