Going forward into October, volatility with a negative bias is expected to continue on account of the various domestic and global concerns at hand. The RBI Monetary Policy scheduled on October 5th is the next key event on investors' radar. We expect the RBI to hike rates by 25bps, despite the in-control inflation, as it focuses more on defending the depreciating INR. Nonetheless, its outlook on inflation and growth would be keenly watched by market participants in wake of the weakening currency, firming crude oil price and rising deficits. Market focus will also get diverted to the upcoming Q2 earnings season, wherein quarterly results outcomes are expected to dictate the trend of not just the respective stock prices but also the market in the near-term, especially the mid-cap and the small-cap space.