Indian shares were up modestly in cautious trade on Thursday as traders reduced bets on larger rate cuts by the Federal Reserve at its upcoming policy meeting next week.
The benchmark S&P/BSE Sensex was up 191 points, or 0.2 percent, at 81,714 in early trade, while the broader NSE Nifty index rose 85 points, or 0.3 percent, to 25,003.
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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.