Indian shares are likely to open on a downbeat note Wednesday, tracking downbeat cues from global markets.
The downside, however, may remain limited after crude prices reversed early gains to end sharply lower Tuesday on expectations that the developments in the Middle East will not lead to major supply disruptions.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.