Indian shares look set to open on a buoyant note Thursday as June's weak U.S. ISM PMIs, rising jobless claims and signs of slowdown in private-sector employment helped raise bets the Federal Reserve could move as soon as September to begin lowering borrowing costs.
Benchmark indexes Sensex and Nifty jumped around 0.7 percent each to reach fresh record highs on Wednesday while the rupee ended marginally lower at 83.53 against the dollar.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.