Indian shares struggled for direction on Wednesday despite positive cues from global markets.
After a measure of U.S. producer price inflation rose less than expected in July, investors now looked ahead to the release of U.S. CPI data later in the day for further direction.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.