The weekly market report summarizes the performance of key stock indices in India and globally for the week of October 7th to 12th. Some of the key highlights include: - The BSE Sensex and Nifty indices declined over 1% as most sectors traded in the red except IT. - Bank Nifty fell the most at over 7% for the week. - RBI cut repo rate by 25 bps to 5.15% but it was lower than expected cut of 40 bps given weak economic growth. - Technical analysis provides sell recommendations for Tata Steel, Grasim and Bank Nifty futures based on bearish patterns formed.