Indian shares look set to open higher on Monday as oil prices fell in Asian trade, continuing a downward trend from last week, amid signs that Russia might be willing to have substantive negotiations over Ukraine.
The fourth round of peace talks will be held today, just a day after Russian missiles hit a large Ukrainian base near the border with Poland.
The upside, however, may remain capped by growth concerns with Morgan Stanley cutting India's GDP growth forecast by 50 bps to 7.9 percent for FY23.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.