Indian shares were modestly higher in early trade on Wednesday after suffering heavy losses in the previous session amid concerns that a smaller majority will see Prime Minister Modi face more difficulty in doling out reforms and infrastructure spending.
A third term for Prime Minister Narendra Modi appears certain with the NDA hovering around the 300 mark.
But analysts call the results a shock, because Modi's party lost at least 20 percent of its parliamentary seats, forcing him to rely on a coalition.
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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.