new delhi indian equity markets are expected to open in the red on monday as the sgx nifty was trading down in the morning wall street tumbled on friday as the us labor department posted a lessthanexpected unemployment rate on friday hinting at a strong jobs market this increased the likelihood the fed will move ahead with further interest rate hikes which many investors fear will push the economy into a recession the indian equity market closed the week more than a percent higher with positive global cues driving the first such gains in the past four weeks in the week ended october 7 the sensex rallied 764 points to 58191 and the nifty rose 220 points to 17315 the rupee closed at 8233 a dollar down 44 paise on october 7 and depreciated by around 100 paise during the week its intraday record low was 824275 to a dollarthe september quarter earnings season will be kicked off by it majors tata consultancy services infosys wipro and hcl technologie as well as other nifty50 companies like bajaj auto shree cement and hdfc bank tracxn technologies ipo the initial public offering ipo of flipkart foundersbacked tracxn technologies limited is going to hit the markets today the three days subscription of tracxn technologies ipo has opened today and it will remain open for bidding till 12 october 2022stocks in news itgiant tata consultancy services tcs will be in focus on monday ahead of their september 2022 quarterly result hdfc indias largest mortgage lender will raise up to rs 12000 crore by issuing bonds on a private placement basis next week the base issue size is rs 1000 crore with an option to retain over subscription of up to rs 11000 croretata motors the homegrown auto majorowned jaguar land rover reported a 49 per cent decline in retail sales at 88121 units in the second quarter ended on september 30 2020hcl technologies the it company plans to hire 1300 people in mexico over the next two years the move is expected to strengthen its current employee base of 2400 people in that countryambuja cements the cement player has received shareholders approval for all proposals in its egm including a resolution to raise rs 20000 crore from an adani group firm and appointment of gautam adani and others on the board of the companyhindustan unilever the fmcg firm has cut prices of some soap brands by up to 15 per cent amid palm oil and other raw materials turning relatively cheaper hul has reduced prices of its offerings under popular soap brands lifebuoy and lux by 5 to 11 per cent in the western regiontata power the tata group firm plans to develop 10000 mw of renewable energy capacity mainly solar energy in the next five years in rajasthan and also build a robust electric vehicle charging infrastructure ajmera realty infra india the smallcap real estate firm reported an 82 per cent increase in its sales bookings to rs 166 crore for the