Indian shares are seen opening lower on Wednesday, tracking weak global cues and amid news that the monsoon will be delayed this year.
Consistent FII buying and falling oil prices may help limit the downside to some extent as the session progresses.
On the earnings front, Bharti Airtel beat estimates with a 50 percent surge in Q4 net profit and Indian Oil Corp's quarterly profit jumped 55 percent on the back of a rise in gross refining margins, while Jindal Steel and Power posted a nearly 70 percent decline in its consolidated net profit for the March quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.