Indian shares look set to open on a positive note on Wednesday despite weak cues from global markets.
Underlying sentiment may remain underpinned somewhat after India and the U.S. termed ongoing trade negotiations as "positive and forward-looking" and agreed to accelerate efforts to reach a mutually beneficial trade agreement at the earliest.
Benchmark indexes Sensex and Nifty jumped around 0.7 percent each on Tuesday as Indian and U.S. officials resumed talks to iron out trade issues. The rupee gained 8 paise to close at 88.08 against the U.S. dollar.
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Market Analysis
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.