Indian shares look set to open higher on Thursday as TCS' Q2 profit beat estimates, oil extended losses after Saudi's pledge to stabilize markets, and the FOMC's September meeting minutes showed the Fed is poised to "proceed carefully" on interest rate decision going forward.
That said, the upside may remain limited, and volatility is not ruled out ahead of domestic and US CPI data due out later in the day.
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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.