Indian shares opened on a positive note Friday as positive U.S. GDP and PCE data helped ease concerns around inflation and interest rates. The benchmark S&P BSE Sensex edged up 0.2 percent to 70,988 in early trade, while the broader NSE Nifty index was up 53 points, or 0.3 percent, at 21,308. Tata Motors rallied nearly 2 percent after saying it expects record sales in 2024.Zee Entertainment Enterp...
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.